BTC- First Wave
Обновлено
It's so hard to fit this idea in a digestible way that can be viewed well. I've opted to just posting the most relevant part first and as we develop and update our count I'll post pictures till we're out of wave 1.
CURRENT STATE: MICRO COUNT - WAVE 2 (5 WAVES TOTAL)
We've got ourselves a nice little expanded flat it appears, the 1.618 extensions also line up perfectly with the VPR zone ($27,935) Honestly found my count to be very surprising especially on the eve of such bullish news for Bitcoin. But this is just the technical/wave count view.
Our long-term overall price target is still $40,000 for our main count linked in the idea attached.
Technical Notes
- Volatility we're expecting doesn't fit very well with the auto chart and I suppose I'm a bit to lazy to make the proper adjustments.
- No local trend lines so we're flying a little blind on the timeline of this move.
- VERY STRONG CORRELATION OF VPR + 1.618 EXTENSION!
This means this move is highly likely. Expecting it to happen rather rapidly.
CURRENT STATE: MICRO COUNT - WAVE 2 (5 WAVES TOTAL)
We've got ourselves a nice little expanded flat it appears, the 1.618 extensions also line up perfectly with the VPR zone ($27,935) Honestly found my count to be very surprising especially on the eve of such bullish news for Bitcoin. But this is just the technical/wave count view.
Our long-term overall price target is still $40,000 for our main count linked in the idea attached.
Technical Notes
- Volatility we're expecting doesn't fit very well with the auto chart and I suppose I'm a bit to lazy to make the proper adjustments.
- No local trend lines so we're flying a little blind on the timeline of this move.
- VERY STRONG CORRELATION OF VPR + 1.618 EXTENSION!
This means this move is highly likely. Expecting it to happen rather rapidly.
Комментарий
STILL ON SECOND WAVE!
Everything appears to be setting up nicely for the third wave crash tonight/tomorrow.
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