BITCOIN >> MARCH 14 << ABC CORRECTION FOR WAVE 2 90% COMPLETE

As I mentioned earlier, the area to watch is the $7k-$8k range. It looks like wave 3 of c has completed. I have adjusted the end of wave c and wave 2 as well as the parallel channel. It's not a bad idea to buy now but I'd rather wait for the retracement of wave 5 of c.



DISLAIMER: THIS IS NOT PROFESSIONAL ADVICE BUT MY PERSONAL REFLECTION OF THE MARKET.

Kommentera:

Minor update: Wave 3 of c is being extended. Typical behavior of waves 3.

Kommentera:

Update: Wave 4 of c may not be over yet. Wave 4 is a corrective wave so it is a bitch just like wave 2 lol. Buy zone remains the $7k-$8k range.

Kommentera:

In the above picture the bottom of the yellow support is meant to go through wave 5 of c. Here is the updated picture.