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Zulu_Kilo
Dec 26, 2021 8:20 PM

UPDATE to 12/26 BTC idea: Complex zigzag correction in effect... Long

Bitcoin / DollarBitfinex

Description

Guys, things changed just a bit for me. after reviewing the tape.

The correction is more of a complex zigzag correction both on a larger timelapse and a shorter one. (So basically 2 zigzags inside of one another.)

Wave B is going to take us up to retest the highs, while leg C should retrace to 1.618 of Leg A (I believe will test the bottom trendline we broke out of) and will also happen to be the 61.8% of Leg C for the larger zigzag pattern.

Stay long for now
Comments
JezTM
It's got at least another move down - 24k ish is my target
Zulu_Kilo
@JezTM, Probably not directly from here boss... The ABC zigzag just confirmed complete in my opinion.

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