Amended count for Bitcoin.
It is similar to the previous count in direction and target, but different nomenclature.
Higher degree ABC finds a 1:1 target of $18K which is also where the next support block is - essentially the same as the previous count.
How long it will take is very difficult to gauge. Although there may be another collapse, price has showed a lot of drift on the X axis so I wouldn't expect anything too quick. Perhaps 1:1.618 fib time.
This will probably be the first good opportunity to buy since the top.
But don't hold your breath..
Not advice
It is similar to the previous count in direction and target, but different nomenclature.
Higher degree ABC finds a 1:1 target of $18K which is also where the next support block is - essentially the same as the previous count.
How long it will take is very difficult to gauge. Although there may be another collapse, price has showed a lot of drift on the X axis so I wouldn't expect anything too quick. Perhaps 1:1.618 fib time.
This will probably be the first good opportunity to buy since the top.
But don't hold your breath..
Not advice
I'm somewhat quiet on TView for now but you can find me pumping content every day in my Telegram Trading Group 🧐
Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
