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Correct Counting
Bitcoin
Long
Correct Counting
By BTC-XLM
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Updated
Feb 19, 2022
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Feb 19, 2022
Hi everyone.
As you can see in the chart, Wave A = $ 35400, what might this be? Motive phase (Wave 2, Wave 4)? or Corrective phase?
A More Realistic Wave Depiction:
1- Wave A= Wave X = Wave 2 (incorrect)
2- Wave A = Wave 4 (incorrect)
Wave 4 is related to Wave 3 by one of the following:
Wave 4 = either 24%, 38% or 50% of Wave 3
Wave 4 = 35400 -- 50%--> Wave 3 = 70800 (incorrect)
Wave 4 = 35400 -- 38%--> Wave 3 = 93157 (incorrect)
Wave 4 = 35400 -- 24%--> Wave 3 = 126428 (incorrect)
3- Wave A = Corrective phase (correct)
As a result: the "Corrective phase - Wave ABC" can be counted as complete
Feb 19, 2022
Note
market does not listen to your logic, it goes on its own way
Feb 19, 2022
Note
Feb 19, 2022
Note
Feb 19, 2022
Note
Bitcoin (Cryptocurrency)
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