BITCOIN shallow correction !!!
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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.
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