it doesn't matter we are forming a zig zag or a flat or a triangle only thing that i know we are at a corrective wave. this is not a motive wave because it is complicated and has a lot of overlaps.
regardless, may be we are forming a regular flat(A 3-3-5 correction) . after completion of correction i will tell you guys where to put your orders. now we should wait....
A Frightful Find.
As you can see, BTC has hit parabolic highs. Right after hitting resistance at 11.5k we imminently corrected to the current low of 8815.
Many people are wondering if this correction is over, or if we are going down for a visit to the 100 moving average once again.
Truly I am uncertain.
However earlier today, someone posted a chart in the...