mattertea

Bullish Scenario for BTC wave C

Long
mattertea Updated   
BITMEX:XBTUSD.P   Bitcoin
My last post was the bullish version of this chart. BTC is still in a down trend, so I believe that a smaller C wave is more likely. C waves are usually bigger than A but there will be so much resistance going up that I think it is more probable that we won't break the 7300-7400 supply zone.
Comment:
wow i just realized the title of this is bullish... well it is bullish but its just less bullish than the last. lack of sleep is getting to me
Comment:
Writing this update as we are in wave b of 4 of 3, looks like my idea, although rough at the time of publication, has been playing out quite nicely
Comment:
Some modifications to the wave count. don't know if anyone can follow my scribbles but this is interesting to me so i want to catalog it for educational purposes.
Comment:
damn i just noticed 4 drops too low on one of those waves... sleep deprived, again.
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