My current Primary count for BTC is a Sideways Double Combo Correction (WXY) for the wave 2.
Notice I put yellow Intermediate (A) and (W) next to (1). There is a possibility that BTC is actually putting in a large corrective structure.
The blue line is an anchored VWAP. I would not like to see BTC go lower than $23,300 . If it does, I'll probably move to my Secondary count which I do not show here.
I'm a CEWA level 1 Elliottician.
Notice I put yellow Intermediate (A) and (W) next to (1). There is a possibility that BTC is actually putting in a large corrective structure.
The blue line is an anchored VWAP. I would not like to see BTC go lower than $23,300 . If it does, I'll probably move to my Secondary count which I do not show here.
I'm a CEWA level 1 Elliottician.
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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.