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RE: BITCOIN (BTC) Mid-Day Update #2: BOTTOM Could Be NEAR!!

in #bitcoin7 years ago (edited)

@haejin

Is this and ending diagonol of an ABC 535?
drew this chart yesterday around 20 hours ago. Believe an ending diagnol means a reversal of the degree highers trend, meaning we are indeed heading up, or could the reversal also become a sideways slog?

BTC Ending DIagnol1.JPG

Please note I can see where I think I miscounted and this didn't quite play out, if the high between the opening high in the diag and the end of wave 2 high, but the one closer to 2 is counted, then that count brings this diag to completion now, as opposed to needing one more lower high and lower low to complete. Counting that as a wave, even though it doesn't quite hit the diag boundary also removes doubt over the ABC between end of wave 1 and end of 2.
So i really hope i miscounted :)

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