Mr_Dyor

BTC / USD 30k Long term trend

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Mr_Dyor Обновлено   
KRAKEN:BTCUSD   Биткоин
The chart shows but, let's break it down. We have completed a 1-5 wave which has a completed a bigger cycle 1 and we are entering a ABC pattern to create our 2 cycle



Also before anything, this is not financial advice just my opinion feel free to share yours
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to start let's look at our history we have completed a full 5 waves this is completing our larger-scale 1
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next we have our ABC / 2 it may be a bit sloppy but, basically, the 0.5 zone which is our 1-5 waves and our 1-1 ext from ab to making c align which often do. to bring us near 8k-8600 range
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going into our 3 here are a few alt options as well these are based on if we go past the 1.618 and retrace the normal 0.382

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last thing to look at is we could be viewed as a bull flag which would bring us near 21k near our fib line 1.236

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our current wave structure tiny to large scale all aligns
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Wave C has started Nothing is 100% if we break 7500-7k our abc is invalid and expect a very deep dive but, for now, this is our the best scenario for it to remain bullish with a normal retracement. Original chart c is not our time frame the II is it was offset originally to prevent visual overlapping
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also c II are different prices those are just if we drop that deep where I expect to rebuy if we have support on that II level
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in range if it holds great for the bulls if we go deeper than 7.3 -7.1 . 5k seems the bear future zone
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