We are about to find out if this move is a fakeout Wave D.
Wave D within the Wave (B) of Wave D was also expanded which has to this strange formation.
Very similar to the Wave D down in XLM but not as weak.
I ran checks through the last move up and it appears to be done except one more high needs to be made to complete Wave D before it reverses for Wave E.
When I say one more, I mean that it will look like a break-out only to fizzle out.
I have linked below all of the ideas that has led to this assumption, but the proof will be in the pudding.
I absolutely think that Bitcoin is going to move up soon but not in this move.
I don't think it will fall much further but what will be interesting is how this plays out.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Wave D within the Wave (B) of Wave D was also expanded which has to this strange formation.
Very similar to the Wave D down in XLM but not as weak.
I ran checks through the last move up and it appears to be done except one more high needs to be made to complete Wave D before it reverses for Wave E.
When I say one more, I mean that it will look like a break-out only to fizzle out.
I have linked below all of the ideas that has led to this assumption, but the proof will be in the pudding.
I absolutely think that Bitcoin is going to move up soon but not in this move.
I don't think it will fall much further but what will be interesting is how this plays out.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
