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ys33
Sep 29, 2017 7:43 PM

Bitcoin needs to complete C leg of ABC correction. Target 4000.  

Bitcoin / U.S. dollarBitstamp

Description

Looks like we are in C leg of A-B-C correction. if A = C, target is around 4000, which corresponds with 38.2% retracement and as well as trendline support
Comments
Playj


Is this not correct for a b c correction? and if not why still learning waves
ys33
@Playj, I should have qualified my analysis by saying that it's invalidated if we close above 4270, in which case, your count would be correct. i just think it could take longer to consolidate the move from 3500.
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