BTC: A Tale of Three Counts
I'll post my updated daily BTC chart. The Analysis and chart from my prior post has changed very little since January 26 2022 (see below).
https://www.tradingview.com/chart/BTCUSD/IpFvvDhO-BTC-A-Tale-of-Three-Counts-YOU-HAVE-TO-READ-THE-POST/
Momentum is still down. Micro 4 of green count has resistance at 32k. Lower lows are still looking very likely. Red count is clearly the most bearish case. The yellow count is still the least likely of the three tales absent a 5-wave move off that last low. Frankly, the last bounce looks very very corrective.
BUYERS BEWARE! WE ARE STILL ON SHARP DROP ALERT!!!
#YeeBeWarned
#NotAdvice
#WavePrinciple
https://www.tradingview.com/chart/BTCUSD/IpFvvDhO-BTC-A-Tale-of-Three-Counts-YOU-HAVE-TO-READ-THE-POST/
Momentum is still down. Micro 4 of green count has resistance at 32k. Lower lows are still looking very likely. Red count is clearly the most bearish case. The yellow count is still the least likely of the three tales absent a 5-wave move off that last low. Frankly, the last bounce looks very very corrective.
BUYERS BEWARE! WE ARE STILL ON SHARP DROP ALERT!!!
#YeeBeWarned
#NotAdvice
#WavePrinciple
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