Last week, I got an idea about BTC to keep going on the accumulation period and will not easy to come back the uptrend following many serious events in this year (FED, Russia & Ukraine, Inflation, Midterm election...).
But in the old idea, I still got the feeling that it was not right because of some complex waves in Elliot and also on-chain data following CQ.
Yesterday and today, I have been spending more time looking back again, and now it seems to be quite appropriate for combining an expanded flat wave (irregular) and a triangle pattern.
This complex chart belongs to Double Three in Elliot theories. It is a sideways combination of two corrective patterns. I’ve already looked at several corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three. (W-X-Y)
Irregular Flat Wave: From March to July 2021,
Any three a-b-c during July to December 2021
Triangle: From December until now and next months.
I hope this idea can be interesting to BTC traders and holders.
Let's see what happens.
NFA
But in the old idea, I still got the feeling that it was not right because of some complex waves in Elliot and also on-chain data following CQ.
Yesterday and today, I have been spending more time looking back again, and now it seems to be quite appropriate for combining an expanded flat wave (irregular) and a triangle pattern.
This complex chart belongs to Double Three in Elliot theories. It is a sideways combination of two corrective patterns. I’ve already looked at several corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three. (W-X-Y)
Irregular Flat Wave: From March to July 2021,
Any three a-b-c during July to December 2021
Triangle: From December until now and next months.
I hope this idea can be interesting to BTC traders and holders.
Let's see what happens.
NFA
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
