Hi Traders,
I know it's a bit early to send positive ideas with the last drops, I don't want to give any cognitive bias, but in fact I'm trying as much as you to understand, and to see the possibilities we have.
I'm not a flat expert, so i could be wrong, but I'm referring to the graph that most closely look like the situation, I'm going to go for the running flat option against the other possibilities, that's why I'm going to show it to you this share.
As you can see, in an Extended Flat we would have had a 120-130% higher top than wave A, but I don't think that's the case.
Apart from a C a little higher than on a running flat, the count of lines and possible trendlines looks more like a running if prices rebound on 34,000 Dollars.
If this is not the case we will visit the 29500 which is the neckline of the red M, or a possibility of having a regular flat, otherwise the 24,000 dollars or less for an extended flat.
None of the bull runs really look like this, maby it's done for this one and we will not going to make big up before next one, but who knows, maybe we're in a pattern that would take us to wave 5 after this correction before the spring crypto period.
Good luck to all holders hang in there, you may be rewarded before the next bull run.
Pay attention to yourself
This is not investment advice.
If you want share you expertise on Flat, that's can help me so i am waiting you'r comment :)
I know it's a bit early to send positive ideas with the last drops, I don't want to give any cognitive bias, but in fact I'm trying as much as you to understand, and to see the possibilities we have.
I'm not a flat expert, so i could be wrong, but I'm referring to the graph that most closely look like the situation, I'm going to go for the running flat option against the other possibilities, that's why I'm going to show it to you this share.
As you can see, in an Extended Flat we would have had a 120-130% higher top than wave A, but I don't think that's the case.
Apart from a C a little higher than on a running flat, the count of lines and possible trendlines looks more like a running if prices rebound on 34,000 Dollars.
If this is not the case we will visit the 29500 which is the neckline of the red M, or a possibility of having a regular flat, otherwise the 24,000 dollars or less for an extended flat.
None of the bull runs really look like this, maby it's done for this one and we will not going to make big up before next one, but who knows, maybe we're in a pattern that would take us to wave 5 after this correction before the spring crypto period.
Good luck to all holders hang in there, you may be rewarded before the next bull run.
Pay attention to yourself
This is not investment advice.
If you want share you expertise on Flat, that's can help me so i am waiting you'r comment :)