I have to make reference here to my post published on January 15th, called “BITCOIN: Current Possibilities”.
There, I planned two scenarios, depending if the 5th wave was already completed or not…
Well, what it seems now is that the previous 4th wave formation has lasted 5 days to complete and what we are seeing right now is the final 5th wave down…as an extended wave.
The target support 1 has been crossed by the price, reaching resistance at the same level of wave (3) and creating a double bottom which is a good sign of recovery but, the (5)th wave down
Add your Scripsio!
Comments