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TEXAGG22
Sep 11, 2019 3:55 PM

Liftoff Nears, Bitcoin set to Explode Long

Bitcoin / U.S. dollarBitstamp

Description

A capitulation wick to the .5 could happen before continuation but it seems doubtful to me. After a deep wave two a shallow wave 4 triangle makes a lot of sense. This combined with the rising weekly 21 and daily 200 make me omega bullish. It’s going up folks

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Another way of looking at the weekly, an ascending triangle

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Here is a look at my count for the 3,3,3,3,3 correctional triangle we are in

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To be clear, I think the most likely scenario is my last update, which is a ABCDE corrective wave 4 triangle. However I posted the flag and the ascending triangle as other possibilities.

Thank you for reading.
Comments
WaveRider1423
Nice Chart; very good job and certainly very possible. Here is an alternate count that points lower.
aklang
like crazy
TEXAGG22
@aklang, what are you saying mr. Lang? Lol
kenj1
why can't i unfollow you? serious question
iera
Clean chart, very pleasing to the eyes
TEXAGG22
@iera, appreciate it, iera
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