or more aggressive variant. But this one include all indicator going so low and deep that we would end up entering guiness world record book for the lowest indicators ever recorded :
Overall check if break out :
And here i show you how i can draw beautiful lines :
seems to have found a support at projected lvls.
We are now in the most oversold state of the BTC history. November 2018 is the deepest ever recorded for BTC.
The fifth wave is clearly present. The question of extension of the waves can still in be place. The bottom will be indicated a a huge rise in volume (what we have here) at support trend line. The rise in price is still not present. We need a sharp rise in price with a huge volume to confirm a recovery :
For now we landed on my most agressive 1.618 extension