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Wave XX is still not complete!
Bitcoin
Long
Wave XX is still not complete!
By BTC-XLM
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Updated
Dec 6, 2023
3
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11
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Jun 12, 2023
A laborious proof:
Motive Waves (If my analysis is correct ...):
Wave X (blue): The rise from 2020 to 2021 was wave X (keep it simple!).
Corrective Waves (Expanded Flat):
Wave A (black): (Apr-Jun) 2021 was a "A" wave (Wave A = 61.8% of Wave X).
Wave B (green): Wave B terminates about at the level of the beginning of wave A (Wave B = 123.6% of Wave A).
Wave C (purple): Wave C = 123.6% of Wave B.
Wave XX (Orange) , What might this be?
No one really knows
but Wave XX does not yet look complete!
Why?
Each (corrective) wave relates to the previous wave by 50% or (61.8%, 76.4% or 85.4%) (if you see what I mean!)
So
Fib 0.5 would be a reasonable target! (Target = $ 42000)
We'll see!
Details:
Jun 13, 2023
Note
Jun 13, 2023
Note
2017-2019
Jun 13, 2023
Note
Jun 13, 2023
Note
2019-2020
Aug 1, 2023
Trade active
Oct 28, 2023
Note
Oct 28, 2023
Note
Certainly it's a bull market.
1- What can happen (& how fast it can happen) !?
2- what can we do?
3- (a very basic question) what should we do?
Oct 31, 2023
Note
Losing money is a choice
Nov 9, 2023
Note
Nov 10, 2023
Note
Nov 30, 2023
Note
Dec 2, 2023
Note
Dec 6, 2023
Trade closed: target reached
Bitcoin (Cryptocurrency)
BTCUSD
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Trend Analysis
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