Loopy_

Where will the Bitcoin adjustment wave come from? #Wave shift

Long
Loopy_ Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT
Hello, this is Luffy.
Today, I’m going to upload two of the wave perspectives I see.
This is the first point of view I see now. As shown in the picture above, wave 3 is currently in progress, and now it is considered to be in the position of wave 1 of the 3 waves.
First of all, let’s talk about why I did not count from $3000 and counted from $4000 for the first time.
The point of view is that the 3-2 wave cannot penetrate the lower trend line when it goes up 3 par after taking the first wave bottom and the second wave bottom. I counted it like this because it is a perspective that sees that if it penetrates, it is in the second wave again.
The wave-effective point of view is that if the Impulse is to live, it looks like a 3-1 crest point in the late 9400 of Binance.
If you leave here at the closing price and the daily or 12 hour closing price, the impulse wave at the transfer point is considered invalid.
Of course, the 3-1 wave is over now, and the 3-2 wave is in progress, so it can be seen that you can see $10,000 or $9,000.
However, I will tell you how to view the 1st wave in the sofa-dong below.
One more thing to pick up here is the green line, two waves complete, and I'll take a look at the composite flat.
At first, it fell in a zigzag manner, but later I finished it with a flat.
If you look closely, it seems that the 3-3-5 flat fits. I think the TERMINATION has been achieved due to the shortage of the last 5 par.


This is another perspective. It is a view that the first wave is still in progress, and the extension that did not come from the third wave is coming from the fifth wave.
In this case, the 2nd wave adjustment may be larger than expected, so it seems that you need to be careful. It means that it has not yet been properly adjusted.


This is the short-term wave I see from the perspective of the sofa-dong, which is currently in wave 3-1. Considering that there was an extended wave from wave 3, it came out in the short term.
Then it becomes 4 pieces now. However, if the same thing as the 2-wave convergence that I see here comes out, it is considered to be not 4-wave.
Or it becomes the conviction of the 5th wave. So, it is seen as a tuning wave that is very important to look at.
It is a point of view that the condition of the 3-1 wave should be zigzag or flat. Because wave 2 wave 4 wave is considered to be alternating.
It seems to be established if you raise it as it is now or at the 0.382 place.
If it falls below 0.618 and a triangular convergence (triangle pattern) is formed
The 5-1 extension wave is correct.


Is like this.

As long as the 10500 is not broken, the 1-5 impulse wave continues.
This time, it seems to be the key to how the adjustment wave comes out and how it moves at 13k.


It looks like it's a rising market right now, but if you give it from $20,000, it may not be over yet.
I would like to share that there is a canon.
It seems to be rising after the current abc adjustment. It’s more like that because I drilled the 9800 line
I can see it.
But let’s take a look at how it can be transformed when you give it a composite adjustment.


After substituting the value of a value from 20,000 to 3k as the value of x, drawing the harmonics Gartley and Butterfly
The pattern is drawn. However, in the case of including the tail of the Gartley, there is a slight difference in the value of b.
No, because it exceeds 0.618.
Butterfly theory is established. However, the c-value tail exceeds 0.886 and cannot be established.
You can see it.
I think if there is a futures market where short selling is possible, even if the tail price is slightly different
I think it works haha
Here, you can continue flat to 3-3-5 by flat adjustment complex with Gartley.
Or, I think you can continue a flat pattern irregularly with a butterfly.
It seems to be a place to be careful and a place to be careful.
Comment:
If the idea helped you with your trading, please like and follow it.
Point of view If you have any questions, please leave a comment and we will answer it.
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.