The upward movement that Bitcoin started at $74,550 has many similarities between its waves. Considering the similarity in price and the large time between waves A-C-E-G and waves B-D-F, it is clear that a diametric or symmetrical is forming.
Considering that the post-pattern movement after the g-wave has not passed, there are two scenarios:
1- Formation of an x-wave after the diametric
2- Formation of a symmetrical
However, considering that the post-pattern movement after the g-wave has not been confirmed and the high similarity in price in all waves, my opinion is that a symmetrical is forming and we will have another upward wave. This upward wave could end at $115,500 or $123,000.
Good luck
NEoWave Chart
Considering that the post-pattern movement after the g-wave has not passed, there are two scenarios:
1- Formation of an x-wave after the diametric
2- Formation of a symmetrical
However, considering that the post-pattern movement after the g-wave has not been confirmed and the high similarity in price in all waves, my opinion is that a symmetrical is forming and we will have another upward wave. This upward wave could end at $115,500 or $123,000.
Good luck
NEoWave Chart
Note
Given the time of wave-d and wave-f, the time of wave-h can be extended.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.