Bullish continuation: final leg up
Description: Short/Mid-term perspective
- long signal MACD(d) zero crossing (from below)
- price above ema 111(d)
- ema contraction, ready for expansion
Price hit required 1.618fib level for a wave 3 (minute). 5th wave in the making. See potential price targets in chart.
- long signal MACD(d) zero crossing (from below)
- price above ema 111(d)
- ema contraction, ready for expansion
Price hit required 1.618fib level for a wave 3 (minute). 5th wave in the making. See potential price targets in chart.
Comment:
Updated ew count
Comment:
Update Bitcoin v0.5. 1-2, 1-2 setup.
Comment:
Two scenario's:
- finished triangle (Y-wave) and moving up (pot. leading diag)
- ABC correction for a X-connector.
Both scenario's have more upside, but leading diagnal should preferably stop before 1 fib.
- finished triangle (Y-wave) and moving up (pot. leading diag)
- ABC correction for a X-connector.
Both scenario's have more upside, but leading diagnal should preferably stop before 1 fib.
Comment:
**Excluded wick in analysis, bc not present at other exchanges.
Comment:
Update Bitcoin v0.6.
Comment:
**correction 'label: this structure is not impulsive' in bitcoin chart can be identified as a leading diagonal, see invalidation lvl in chart.
Comment:
Update Bitcoin v0.6.1.