Soon, we'll be able to see if micro wave 2 is complete by breaking 19,975ish levels. If this is broken, we can assume we are on micro wave 3 of primary wave 5. The fib retracement is of primary wave 3, which shows a perfect 61.8% retracement for primary wave 4, which lead to the current wave 5.
This is not trading advice. I am a beginner and would like to hear back from experienced individuals on this idea.
This is not trading advice. I am a beginner and would like to hear back from experienced individuals on this idea.
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Correction: BTC needs to break 11,065 to confirm completion of micro wave 2
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This could also be a movement pattern
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Additionally if my counts are correct, micro wave 2s of the primary 1 and 3 waves would be consistent with the micro 2 of wave 5 if it has ended.
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Micro Wave 2 has been confirmed finished! 11095 reached recently, which passed micro wave 1's high.