TradingView
FlokiCrypto
12 apr 2022 20:01

$BTC.D Triangle still valid and playing out.  

Market Cap BTC Dominance, %CRYPTOCAP

Beskrivning

So here we have 2 paths I think this might follow...

Green path illustrates the main count with E already finished and assuming we will go up soon to make wave (2) and retrace quite a bit to create a bit of havoc on the market. This has the potential to play out within the next few weeks at the most, followed by an ALT season.

The red path on the other hand assumes that E is actually A (leading diagonal) of E, and that the current retrace is B of E and that we will go higher and above the triangle diagonal. This would cause the market to to go below expectations and would cause some real FOMO selling.

I'm about 60/40 in favor of E being finished.

Safe Trades, avoid shitcoins, and remember, wave 4 never retraces into wave 1. *wink wink.

Kommentera

Updated the chart with E moved. Seems the red path is chosen.


Kommentarer
RehanMughal
nice
Mer