Bitcoin 15-Min Chart – Lower Timeframe Structure of Higher Timef
The higher timeframe ABC correction is being interpreted as a W-X-Y structure on the 15-minute chart, based on internal wave complexity.
Currently in the A wave of the internal ABC within the X leg
Within that A wave, a smaller ABC is unfolding, with the A-B portion nearing completion
Overall structure suggests a complex correction (W-X-Y-X-Z) in progress
At the moment, moving averages are tightly clustered, forming a combined support zone.
➡️ A clean break below this support cluster would strengthen the case for a Wave C move.
Currently in the A wave of the internal ABC within the X leg
Within that A wave, a smaller ABC is unfolding, with the A-B portion nearing completion
Overall structure suggests a complex correction (W-X-Y-X-Z) in progress
At the moment, moving averages are tightly clustered, forming a combined support zone.
➡️ A clean break below this support cluster would strengthen the case for a Wave C move.
'규칙' & '패턴' 그리고 '조합'
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
'규칙' & '패턴' 그리고 '조합'
blog.naver.com/lightvblue
blog.naver.com/lightvblue
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.