BitcoinUpdated to leg or not to leg ...
well ...
I'm still convinced that we finished a downwards 5 leg Elliot wave, which means we're in the beginning of an upwards wave now
it could be an ABC wave, which means that after leg 3 it will crash again and severely
or ...
it's another 5 leg upwards wave, which means it will go even higher, a whole lot higher
so, that's wait and see
but I did think we passed the first 'wait and see', which is ... did leg 1 actually end already and is leg 2 about to start, because that's a downwards leg ... or not? is there more leg 1 to go?
at this point it could go either way ... so ... just waiting for now ... too risky for me
I'm still convinced that we finished a downwards 5 leg Elliot wave, which means we're in the beginning of an upwards wave now
it could be an ABC wave, which means that after leg 3 it will crash again and severely
or ...
it's another 5 leg upwards wave, which means it will go even higher, a whole lot higher
so, that's wait and see
but I did think we passed the first 'wait and see', which is ... did leg 1 actually end already and is leg 2 about to start, because that's a downwards leg ... or not? is there more leg 1 to go?
at this point it could go either way ... so ... just waiting for now ... too risky for me
Note
missed on leg 1, but I got leg 2 pretty much spot on !!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.