here is update
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The C-wave is probably finished now, Wave-1 was the extended one therefore wave-5 cannot be longer than wave-3 , so we probably get an X-wave( any corrective pattern) then another correction
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After looking closer at the count, I strongly believe that we will form a triangle after reaching bottom of the channel(which i also think is the ultimate bottom for bitshares), which will stretch out for maybe 1-2 months before our wave-3 on bigger timeframe begin which should take us way beyond ATH
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however if we break the purple line, im buying
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plenty of similarities between eos and bitshares chart
however we are trying to push out of channel now
however we are trying to push out of channel now
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sold out, waiting, picture is still very unclear
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We have formed a diagonal channel:
and formed a flat after (c) which we can confirm very easily by the parallell channel + 3-3-5 structure. So i think we will continue down from here, diagonal channels is a very good indicator that we are not done with correction, so original price target still stands
and formed a flat after (c) which we can confirm very easily by the parallell channel + 3-3-5 structure. So i think we will continue down from here, diagonal channels is a very good indicator that we are not done with correction, so original price target still stands
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BTS struggle to break Diagonal channel, we also got bearish divergence and toppish AO.
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we went higher than anticipated, but bearish view remains the same:
other than that, we have plenty more information now about which leg we may be inside, stay tuned
other than that, we have plenty more information now about which leg we may be inside, stay tuned
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appears The whole pattern bullish pattern was an elongated flat, we can confirm this by the wave-1 extension in wave-C, also that wave-a and wave-b is similar in time. Anyways, elongated flats exclusivily only happens inside a leg of triangles