bitcoin updated wavecount - wave 3 still not finished
Enjoy
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still on track to 12580. We are correction in a zigzag. possible target for end of correction is around 10592 if this pattern plays out
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Looks like we could have this corrective pattern. It gives us a slgthky different target for wave 4.
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Or this scenario?
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above scenarios for current correction are invalidated.
This could be playing out or else is movedown from 12 to 10.5 k was not a 5 wave move, but I think it is
This could be playing out or else is movedown from 12 to 10.5 k was not a 5 wave move, but I think it is
Comment:
Lesson learned:-) always check small timeframes to validate count. The flashcrash From 12k to 10.5 was a 5 wave structure. However 5th wave ended in 10.770 - not in 10550.The rest of the move was part of an expanded flat. This means that we probably are in c wave down to my second target for this correction at 10526
