Series of zig zags. Maximum amount of zig zags in Elliott wave theory is 3 consecutive ones.
I can count two being completed.
After a yellow wave Y, i dont see a proper motive wave, so i am hesitant to call this correction being done.
Tripple zig zags are rare. But the whole crypto space is heavy for the moment and in the mode of "deciding" where is the next step.
-Green zone /demand zone and 0.5 support of the lows of a previous completed impulse.
Leaning bearish/ wouldnt nececerily short it.
I can count two being completed.
After a yellow wave Y, i dont see a proper motive wave, so i am hesitant to call this correction being done.
Tripple zig zags are rare. But the whole crypto space is heavy for the moment and in the mode of "deciding" where is the next step.
-Green zone /demand zone and 0.5 support of the lows of a previous completed impulse.
Leaning bearish/ wouldnt nececerily short it.