there are some point which increase the chance of going 4th wave in sideway:
first of all, the sentiment of crypto market are too bullish
second factor, the we can see kumo cloud switch bullish to bearish and vice versa. the switching point and changing the kumo cloud from bearish to bullish and vice versa, is the sign of consolidation in price(according to my experience)
the most important factor, the unregular Fibonacci extension percent and level for A, B , C waves which occur most of time in triangle
the last point, there are a similarity in price behavior between btc movement now and in 2013/04/16 ones.(the difficult point for counting the elliot wave are similar to that time)
all in all, I try to cover all aspect of bearish movement and most probable ones and for bullish one, the target and time was published a few days ago.
it needs to mention that, it my point of view not trading point and advice. do your own research and trade on your own risk
have good time and trade
Arham
first of all, the sentiment of crypto market are too bullish
second factor, the we can see kumo cloud switch bullish to bearish and vice versa. the switching point and changing the kumo cloud from bearish to bullish and vice versa, is the sign of consolidation in price(according to my experience)
the most important factor, the unregular Fibonacci extension percent and level for A, B , C waves which occur most of time in triangle
the last point, there are a similarity in price behavior between btc movement now and in 2013/04/16 ones.(the difficult point for counting the elliot wave are similar to that time)
all in all, I try to cover all aspect of bearish movement and most probable ones and for bullish one, the target and time was published a few days ago.
it needs to mention that, it my point of view not trading point and advice. do your own research and trade on your own risk
have good time and trade
Arham