BTC Daily wave count - target remain: 3-4k or sub-3k
An Update to the previous wave count...
So far, the price progression has been following WaveB (flat 335) prediction pretty closely...
Expect a Bull trap near the flat wave (c) top, a false break of 12k pivot LH, then a quick resurrection of the BEARs...
So far, the price progression has been following WaveB (flat 335) prediction pretty closely...
Expect a Bull trap near the flat wave (c) top, a false break of 12k pivot LH, then a quick resurrection of the BEARs...
Note
prev wave analysis on March20 here:Note
As the price progresses, now I have more info to update further on the underlying Primary Wave4 correctional structure.It can be either a double-three (D3), or a triple-three (T3) structure.
Currently, I'm more biased to a WXYXZ, T3 structure, as illustrated below.
I try to keep the price levels prediction & time prediction as close to the dot as possible. But as market progress, this shall be updated & adjusted closer to reflect the latest market moves.
Note
I still maintain my initial correction bottom targets at 3-4k, or slightly below 3k.And there's where I'll be going in with my kitchen sink, LMAO~
Buy & HODL till the new ATH!
Note
To help us survive the current 'winter' of BTC...Here's what I predict will happen AFTER the correctional Wave4 ends.
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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.
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.