📝💰 Due to the chart, BTC would form three probable patterns:
1. Running Flat
2. Running Triangle
3. Expanded Flat
The PRZ zone is the area I've specified by using Fibonacci. So collapsing is certain, but...
Running flat and expanded flat have impulse formation but running triangle not (A-B-C formation). Since wave 4 is often a triangle, so A-B-C is more probable.
I've also used Ichimoku. A long flat Senkou Span B along with a thick cloud, it's informing us this topic which I can't pass it nowadays. Thus I think it would form wave B which is a upward wave and finally wave C would be formed by passing the cloud and more collapsing is on the way.
💣 In conclusion, I can say just be patience and ready for short positions.
🌐 My website: alibahaari.github.io
1. Running Flat
2. Running Triangle
3. Expanded Flat
The PRZ zone is the area I've specified by using Fibonacci. So collapsing is certain, but...
Running flat and expanded flat have impulse formation but running triangle not (A-B-C formation). Since wave 4 is often a triangle, so A-B-C is more probable.
I've also used Ichimoku. A long flat Senkou Span B along with a thick cloud, it's informing us this topic which I can't pass it nowadays. Thus I think it would form wave B which is a upward wave and finally wave C would be formed by passing the cloud and more collapsing is on the way.
💣 In conclusion, I can say just be patience and ready for short positions.
🌐 My website: alibahaari.github.io