Bitcoin Analyze (Counting Waves)!!!
Updated
hello, Today, I tried to find the end of microwave 4 of main wave C.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea).
Location🌊: Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5). I believe that end of microwave 4 of main wave C is Triple Three Corrections type (WXYXZ).
What is my aim🎯? Answer: I want to find the end of microwave 4 of main wave C or where will microwave 5 of main wave C start ?!
I want to say some of the necessary concepts for Triple Three Corrections and then compare them with our chart's conditions (Let's go):
The corrective structures are labeled as WXYXZ. The corrective structures are labeled as WXYXZ. They are an 11 swing structure. The subdivision of wave W, wave Y, and wave Z can be a zigzag , a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle.
The Fibonacci ratio relationships are as follows. Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W.Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three. The second wave X will retrace the wave Y in the same aforementioned Fibonacci retracement levels as it did the wave W. The second wave X structure does not have be the same structure as the first wave X. The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W.
one of the standard templates of three corrective structure combinations that can form triple three corrections == this particular one is a double three wave W followed by the first wave X being a zigzag . Likewise as the wave W, the wave Y is a double three. This is followed by a zigzag second wave X connector. The wave Z ends with another double three.
now I want to compare my chart with upper conditions:
The corrective structures are labeled as WXYXZ. They are an 11 swing structure== I was able to find 10 swing structures and I think that we are on the eleventh swing (Wave (Z)).
The subdivision of wave W, wave Y, and wave Z can be a zigzag , a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle == our waves have these shapes.
Wave W is a double three Wave == the wave (W) is a double three Wave✅ // Any three ✅
Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W == Wave (X1) has complied.✅
Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three == Wave (Y) has complied. ✅// The wave (Y) is a double three Wave✅
Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave Y == Wave (X2) Has retraced 161.8%, it Has not complied but I am talking about the standard template ❌ //Any three ✅
The second wave X(X2) structure does not have be the same structure as the first wave X(X1) == This item has complied ✅
The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W.== The wave (Z) ends with another double three.// My aim 🎯
If you read my explanation carefully, you will know that my counting waves are really close to one of the standard templates of three corrective structure combinations that can form triple three corrections.
Where is the end of Wave (Z) ?!
My idea: Structure of Wave (Z) is (Flat 3-3-5), and I think that we are on microwave C or B of microwave ((Y)) of Wave (Z).
The End of Wave (Z) (End of Main Wave 4 == My aim🎯) :
Target 1: 41315$ until 40840$ (Monthly Resistance 1+ Fibs Cluster)
Target 2: 43400$ (The Wave (Z) target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave (W))/ If Price goes up more than 43400$, my counting waves will fail❗️.
Similarities that we are seeing on my post 👇, verify my counting waves too:
Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post carefully ( I ❤️LOVE❤️ THIS POST😀)👉
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way.// my idea, BTC will see less than 28800$ //Over 43780$ my Counting waves will fail and we can think about buying coins. Thanks for reading this Long text🙏💐.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea).
Location🌊: Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5). I believe that end of microwave 4 of main wave C is Triple Three Corrections type (WXYXZ).
What is my aim🎯? Answer: I want to find the end of microwave 4 of main wave C or where will microwave 5 of main wave C start ?!
I want to say some of the necessary concepts for Triple Three Corrections and then compare them with our chart's conditions (Let's go):
The corrective structures are labeled as WXYXZ. The corrective structures are labeled as WXYXZ. They are an 11 swing structure. The subdivision of wave W, wave Y, and wave Z can be a zigzag , a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle.
The Fibonacci ratio relationships are as follows. Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W.Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three. The second wave X will retrace the wave Y in the same aforementioned Fibonacci retracement levels as it did the wave W. The second wave X structure does not have be the same structure as the first wave X. The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W.
one of the standard templates of three corrective structure combinations that can form triple three corrections == this particular one is a double three wave W followed by the first wave X being a zigzag . Likewise as the wave W, the wave Y is a double three. This is followed by a zigzag second wave X connector. The wave Z ends with another double three.
now I want to compare my chart with upper conditions:
The corrective structures are labeled as WXYXZ. They are an 11 swing structure== I was able to find 10 swing structures and I think that we are on the eleventh swing (Wave (Z)).
The subdivision of wave W, wave Y, and wave Z can be a zigzag , a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle == our waves have these shapes.
Wave W is a double three Wave == the wave (W) is a double three Wave✅ // Any three ✅
Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W == Wave (X1) has complied.✅
Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three == Wave (Y) has complied. ✅// The wave (Y) is a double three Wave✅
Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave Y == Wave (X2) Has retraced 161.8%, it Has not complied but I am talking about the standard template ❌ //Any three ✅
The second wave X(X2) structure does not have be the same structure as the first wave X(X1) == This item has complied ✅
The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W.== The wave (Z) ends with another double three.// My aim 🎯
If you read my explanation carefully, you will know that my counting waves are really close to one of the standard templates of three corrective structure combinations that can form triple three corrections.
Where is the end of Wave (Z) ?!
My idea: Structure of Wave (Z) is (Flat 3-3-5), and I think that we are on microwave C or B of microwave ((Y)) of Wave (Z).
The End of Wave (Z) (End of Main Wave 4 == My aim🎯) :
Target 1: 41315$ until 40840$ (Monthly Resistance 1+ Fibs Cluster)
Target 2: 43400$ (The Wave (Z) target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave (W))/ If Price goes up more than 43400$, my counting waves will fail❗️.
Similarities that we are seeing on my post 👇, verify my counting waves too:
Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post carefully ( I ❤️LOVE❤️ THIS POST😀)👉
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way.// my idea, BTC will see less than 28800$ //Over 43780$ my Counting waves will fail and we can think about buying coins. Thanks for reading this Long text🙏💐.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Note
Head and Shoulders Festival 🎪
Is Head and shoulder pattern uploading Again ❗️❓
Timeframe 4H⏰
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New post
Timeframe 15min⏰
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New Post: Bitcoin Analyze (Daily Timeframe & Road map)!!!🗺️
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Last Chance for my counting Waves 43399$We saw the reaction from that point (👆)❗️
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