BTC roadmap (last decade to daily)
This is my attempt to count the BTC waves loosely based on the Stochastic indicator.
On the monthly scale we can see a super wave count. It seems like we are currently in super wave 4.
On the weekly scale the Stochastic indicator helps to count the sub-waves. On this scale we count 5-3-5-3-5. This put 2018 in a "3" (A-B-C) correction wave.
On the daily scale the Stochastic indicator helps to count the sub-sub-waves. On this scale it seems possible that we are currently in the 4th wave of the weekly C-wave. Please note that the 3rd wave was very noisy (possibly because a lot of unnatural things happened in the crypto-space, like BCH fork, Tether uncertainty, Mt. Gox, market manipulation, etc) and the Stochastic indicator kept swinging from negative to positive momentum but only for brief periods. This makes the final waves counts very subjective.
On the monthly scale we can see a super wave count. It seems like we are currently in super wave 4.
On the weekly scale the Stochastic indicator helps to count the sub-waves. On this scale we count 5-3-5-3-5. This put 2018 in a "3" (A-B-C) correction wave.
On the daily scale the Stochastic indicator helps to count the sub-sub-waves. On this scale it seems possible that we are currently in the 4th wave of the weekly C-wave. Please note that the 3rd wave was very noisy (possibly because a lot of unnatural things happened in the crypto-space, like BCH fork, Tether uncertainty, Mt. Gox, market manipulation, etc) and the Stochastic indicator kept swinging from negative to positive momentum but only for brief periods. This makes the final waves counts very subjective.
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.
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.