I highlighted two areas. which one do you think is a corrective pattern and which one is a motive pattern due to wave principle?
A wave that consumes time and has a lot of intersection with its other waves is a corrective wave
And a wave that consumes price more than time and has very least intersection with its own waves is probably a motive wave. It is obvious that bitcoin was in a corrective pattern in 2018 !
Regardless of this information when somebody like Alessio Rastani says that this move from 3k to 14k was (probably of course) a B wave, it is not enough, why ? Because he should prove that by counting its subwaves and determine the type of correction that he is talking about.
I decoded these kind of peoples methods.
How is that ?
I tell you right now
-They say something
-Then they try to convince people with very complicated reasoning
-Then people think that they can not understand what he is saying and they start to undergo to state of mind that i call it confusion
- after that they are ready to give money to Alessio Rastani
-then Rastani starts a webinar and introduce the newest way of trading using leading trader indicators
-and then he sells indicator for 1000 usd for poor people
I want Alessio to provide us a wave count and its reasoning behind it. My question is simple.
What is the type of this move from 3k to 14k in wave principle corrective patterns ?
-Zig-Zag
-Flat
-triangle
-combination (WXY or WXYXZ)
it is so simple. Can he answer that. He can but he does not because we should buy member videos !!