2 BITCOIN Scenarios You DO NOT Need to Know About! BUT...
Dear Friends!
If you are are curious about them, I will give you the 2 most likely scenarios at this very moment: Let's first zoom even more out, so you have an idea where we are:
As you can see we are about to make the Z-structure, which is part of a triple three combination correction. When we are done with this 11 Wave Correction Structure (WXYXZ), we can hopefully start a new uptrend again with 1-5 Elliott Waves Up.
Here are the 2 scenarios:
1. Blue Scenario: We are on the 4th sub wave of A - Wave 4 usually retrace 23.6% - 38.2 %, why we can expect the 4th wave to hit my light red box. Remember that 4th waves are usually prolonged. This idea also matches my existing Elliott Waves. If this is the case we still need a 5 wave down on A, and the blue B and C, hence we basically must assume that we will go lower than scenario 2.
2. Orange Scenario: We are here done with the 5th sub wave on A and are in the process of making the B-wave (in orange). What supports this argument is the Regular Divergence (look at the RSI) on the last Wave, which we always must have on the last impulse wave.
Please leave a LIKE and I will zoom in on the action, and give you an update soon, so we can make some money!
D4 <3
If you are are curious about them, I will give you the 2 most likely scenarios at this very moment: Let's first zoom even more out, so you have an idea where we are:
As you can see we are about to make the Z-structure, which is part of a triple three combination correction. When we are done with this 11 Wave Correction Structure (WXYXZ), we can hopefully start a new uptrend again with 1-5 Elliott Waves Up.
Here are the 2 scenarios:
1. Blue Scenario: We are on the 4th sub wave of A - Wave 4 usually retrace 23.6% - 38.2 %, why we can expect the 4th wave to hit my light red box. Remember that 4th waves are usually prolonged. This idea also matches my existing Elliott Waves. If this is the case we still need a 5 wave down on A, and the blue B and C, hence we basically must assume that we will go lower than scenario 2.
2. Orange Scenario: We are here done with the 5th sub wave on A and are in the process of making the B-wave (in orange). What supports this argument is the Regular Divergence (look at the RSI) on the last Wave, which we always must have on the last impulse wave.
Please leave a LIKE and I will zoom in on the action, and give you an update soon, so we can make some money!
D4 <3
Comment:
Btw: This correction structure is called a double three, and consist so far of 2 Flat Regular (335) ABC structures, where the B wave is around 90 % of the A, and the C wave is 123 % of A.
We don't have confirmation for the one we are in the process of making now. It can be a Zig-Zag (535), Flat (335) or a Triangle (ABCDE).
We don't have confirmation for the one we are in the process of making now. It can be a Zig-Zag (535), Flat (335) or a Triangle (ABCDE).
Comment:
So as you can see we are moving up and it looks more and more like the 1st sub wave on the 3rd impulse wave.
I will follow up on this and give you a good signal later on.
I will follow up on this and give you a good signal later on.
Comment:
I promised you a SIGNAL - Here you go. It's scalping. Notice the Risk Reward. You only have to be good here 1 out of 4 times before this position is good in the long run.
GL! <3
GL! <3
Trade active:
Perfect hit on the top of our Buy Zone - Let's now hope you will win some money.
GL!!
GL!!
Comment:
Here is an interesting update with a lot of educational stuff in the post:
And we got a reversal at my red box at around 78,6 % retrace, which makes this a good opportunity to kick start our 3rd sub wave in light blue.
If we manage to do so, you can expect the waves to act as I've illustrated for you.
Thanks for following me, guys. Really Appreciate it.