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Falcon_Trader_1
Dec 14, 2021 6:54 AM

What is happening with Bitcoin? 4H chart explained: Long

Bitcoin / TetherUSBinance

Description



Falcon Waves are ABC waves that are not based on Elliott Wave concept but completely different momentum based concept. Wave A is three waves down, wave B is three waves up and wave C is 5 waves down.

Here we are looking at pattern that is unfolding into 5 waves down for completion of wave C.

Everything is marked in the chart with expectations.

I will post more chart once we reach these levels.

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