noble1ones

Expanded Flat Wave B Sucker's Rally Update

Long
BITSTAMP:BTCUSD   Bitcoin
Here is an update on yesterday's proregressive correction. The Wave B has been relabeled according to the 3 wave correctional structure that occurred overnight in Wave B terminating at an approximate 1.382 Fib extension of Wave A. Price is currently in regressive Wave C within the expanded flat structure that was mentioned yesterday. Following charts will be uncluttered to better focus on the current correction. Once the complete correction is terminated and price enters progressive Wave 3 at a higher degree, I will refrain from posting for a while.
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.