BITCOIN shallow correction !!!
BITCOIN short timeframe analysis
I don't adjust the count because of my liking I adapt given the current market data and it seems we are now working in a shallow pullback .
In the Principle of Alternation states that if one of the corrective waves (Wave 2 or Wave 4) is a sharp correction, the other is likely to be a sideways correction, and vice versa.
Balance and Alternation:
If Wave 2 is sharp (e.g., a zigzag), Wave 4 will likely be a sideways correction (e.g., a flat or triangle).
If Wave 2 is sideways, Wave 4 will likely be sharp.
I don't adjust the count because of my liking I adapt given the current market data and it seems we are now working in a shallow pullback .
In the Principle of Alternation states that if one of the corrective waves (Wave 2 or Wave 4) is a sharp correction, the other is likely to be a sideways correction, and vice versa.
Balance and Alternation:
If Wave 2 is sharp (e.g., a zigzag), Wave 4 will likely be a sideways correction (e.g., a flat or triangle).
If Wave 2 is sideways, Wave 4 will likely be sharp.
Transaction en cours
alternative scenario
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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.