Short
start correction after complete impulsive pattern
For Bitcoin, I anticipate the start of a correction in the daily timeframe, after completing the impulsive pattern.
At the end of the impulsive pattern ,an ending diagonal appears to be forming.
(From the point of view of classical analysis, this pattern can be considered a Wolfe wave)
However, I expect the correction to continue until the fourth wave level.
At the end of the impulsive pattern ,an ending diagonal appears to be forming.
(From the point of view of classical analysis, this pattern can be considered a Wolfe wave)
However, I expect the correction to continue until the fourth wave level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.