UnknownUnicorn5408914

BTC - ABC nearly over? Time to be a bull?

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Wave 2's and 4's in my opinion are designed to drive the market crazy, any time frame! If we went on to make an expanded flat and hit the 1.618, would you assume moon? Never seeing 50k again? Possibly, but these retracing moves will give you any pattern, any combo, any count, anything, which is why it is wise to wait and trade trending moves or waves 1 3 & 5. I'm not saying we don't trade this wave, we get in on smaller time frame. As you can see from this idea how crazy the market go if it happened? Wave 4 (or 2) ladies and gentleman...
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.