You are viewing a single comment's thread from:

RE: Quick BTC update 21.12.17

in #btc7 years ago (edited)

It can't be an ending diagonal, because it has to consist of only 3 waves like 3-3-3-3-3. Wave 1 and 4 need to overlap in an ending diagonal, too.
What I am seing is, your triangle pattern could be an overshooting wave B like ABC, in the form of a running flat or expanded flat.

Sort:  

Thank you for pointing that out. In that case it makes the structure less bearish than I initially thought.

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.028
BTC 58080.30
ETH 3102.16
USDT 1.00
SBD 2.40