wave 5 update Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Dec 20, 2014 6:57 PM

i show three targets for the final impulse wave 5 of 5 aka end of bear market

channel realigned, joined waves 2-4 and touching wave 3 lower channel to get an idea where wave 5 might end up

Bitcoin (Cryptocurrency)

Comments

sm.e

⋅ Dec 20, 2014 9:02 PM

As it is wave 5 of 5 and end of bear market, couldn't we expect a truncated wave 5 above 300?

user100000

⋅ Dec 21, 2014 4:42 AM

it's possible wave 5 of 5 truncates but we shouldn't expect it because truncation is more rare than normal unfolding of wave fives