Running flat on BTC
The proposed B which put in ATHs sets up the flat - either expanded or running
Running flat wave count is valid at this point and would mean correction completed with the expanding ending diagonal
ending diags are a 3-3-3-3-3 sturcure
Alternative as I can see is an expanded flat which puts the C substantially lower than Wave A - Wave C = 123.6% – 161.8% of wave AB
Running flat wave count is valid at this point and would mean correction completed with the expanding ending diagonal
ending diags are a 3-3-3-3-3 sturcure
Alternative as I can see is an expanded flat which puts the C substantially lower than Wave A - Wave C = 123.6% – 161.8% of wave AB
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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.