BITCOIN - Wave Revision - Leading Diagonal Wave 1
As a result of the new all time high, AriasWave analysis suggests that this whole move up was a leading diagonal wave 1.
In Wave iii, Wave (C) looks weaker than Wave (A) which supports the Zig-Zag Wave iii theory.
Wave iii had the the most strength overall which is common for wave iii.
Wave v is weak compared to Wave iii and is also under the rising channel.
At this point I would be targeting the bottom of the rising channel before calling it a top.
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In Wave iii, Wave (C) looks weaker than Wave (A) which supports the Zig-Zag Wave iii theory.
Wave iii had the the most strength overall which is common for wave iii.
Wave v is weak compared to Wave iii and is also under the rising channel.
At this point I would be targeting the bottom of the rising channel before calling it a top.
Please LIKE and FOLLOW to get notification of updates and future posts.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.