Looks like 4 th wave is complete as a running flat like ethereum. Wave 2 and 4 are almost equal in time and its posdible to count 5 waves Down in the c wave. Furthermore we have hidden bullish div. On weekly tf
Kommentera:
Cwave. Wave 5 was within Channel drawn from end of wave 2 and 4 to the end of w 3. bullish div on rsi on the 5 th wave Down
Kommentera:
From bottom. My count is this untill proven wrong
Kommentera:
My bullish count atm.
Kommentera:
This is the bearish count of the move up
Kommentera:
Move down looks corrective so far
Kommentera:
If current lows hold we are most likely in s leading diagonal
Kommentera:
Still not a clear 5 wave structure form bottom on bitcoin yet.If we look at ripple it made a clear 5 wave pattern so I reckon bitcoin Will too
Kommentera:
Difficult to eye a bullish count on bitcoin . It looks very much like a flat correction. Not High chance of getting higher for now. If it is a flat it means we are in a 5 wave structure Down from top.
Kommentera:
Bearish count Down if we dont break above 41.5
Kommentera:
Count on ripple seems very clear. Its bullish . Makes me wonder - bitcoin must be too then. 41.5 k must break before we know.
Kommentera:
Bullish count on bitcoin
Kommentera:
Move up here could be bullish but it might only be a c wave of an exp flat. We Will have to se if 42.2 breaks
Kommentera:
We are looking at the above bearish count or this bullish count. As long we are below the 2 yellow lines the bearish scenario could still play out.
Kommentera:
5 waves up done it seems. C wave ended or a 1st wave?
Kommentera:
Appears as if we finished an expanded flat as wave 2. If so the bullish scenario is os. Yellow Lines must break though to confirm it.
Kommentera:
We Got hard rejektion at the yellow Line. Looking if move Down was a zigzag or 2 1st waves. If we get back to red Line it was a zigzag and a potential wave 2
Kommentera:
I meant blue Line.
Kommentera:
ENding diagonal May have finished
Kommentera:
Finishing this zigzag
