Hello!
I expect the expected correction in the ETH/BTC pair, the ABC zigzag or the WXY double zigzag will probably be formed.
TP1 - 0.042
TP2 - 0.031
❌ Cancellation of this idea - breakdown of 0.08562
I expect the expected correction in the ETH/BTC pair, the ABC zigzag or the WXY double zigzag will probably be formed.
TP1 - 0.042
TP2 - 0.031
❌ Cancellation of this idea - breakdown of 0.08562
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Most likely, wave A, represented by the realized wave plane ABC, has already ended on October 23, 2023 at the level of 0.051 or very close to such a logical conclusion.
I don't know what fundamentally happened, but the charts say that from now on the whole focus of Bitcoin will shift to using Ethereum in 8-12 months.
ETH should be stronger than Bitcoin. Growth in wave B will be able to reach the wave (5) level of 0.08562 and even slightly exceed it to the 1.236-1.382 fib level.
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Achieving levels TP1 and TP2 from the main ideas is highly doubtful. This can be said with certainty when more evidence is obtained in the use of the B-wave plane.
Goodbye!