You are viewing a single comment's thread from:

RE: Bitcoin (BTC) Morning Update: One More Lower Low Likely

in #bitcoin6 years ago (edited)

No. C waves always do have 5 waves in any of these formats: flat, expanded flat, zig zag retracements.
The only case the last wave of a correction/consolidation would only have 3 waves is within an ABCDE pattern wherein each move is composed, on a lower degree, of 3 waves:

Hope it makes sense.

Coin Marketplace

STEEM 0.20
TRX 0.19
JST 0.034
BTC 90127.90
ETH 3069.48
USDT 1.00
SBD 2.94