BTC – The Double Zigzag pattern in 4th wave
In the daily chart, there is no doubt for the targets of $ 21,500 to $ 23,000 in this uptrend, and after the completion of this corrective movement, this uptrend will begin.
in the 240-minute chart for a few days, there was the probability of the triangle pattern formation due to the wave structure of the sides. Currently, according to the 60-minute chart, there is a scenario that the structure of Wave 4 is in the form of a Double Zigzag pattern, which is located exactly on 100% of the W wave and has a retracement in price.
In order to receive the confirmation for the uptrend, the price needs to make the first 5 uptrends and then in continuation cross the range of $ 19420.
in the 240-minute chart for a few days, there was the probability of the triangle pattern formation due to the wave structure of the sides. Currently, according to the 60-minute chart, there is a scenario that the structure of Wave 4 is in the form of a Double Zigzag pattern, which is located exactly on 100% of the W wave and has a retracement in price.
In order to receive the confirmation for the uptrend, the price needs to make the first 5 uptrends and then in continuation cross the range of $ 19420.
