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BTC Bullish Wave Count
-Prices may vary dramatically
-Times should have less of a margin of error
-Waves counts are the main focus here
I always have bearish and bullish ideas for wave counts, but from this perspective I would expect a clear 5 wave move higher here, with 2 clear ABC corrective waves on the way (blue highlighter)
The most recent move off the high (wave 3-4) has satisfied all of my criteria for a standard ABC corrective pattern.
The 5th and final wave typically has the largest and most volatile moves, which is another difference between my wave system and Elliot Waves.
-Times should have less of a margin of error
-Waves counts are the main focus here
I always have bearish and bullish ideas for wave counts, but from this perspective I would expect a clear 5 wave move higher here, with 2 clear ABC corrective waves on the way (blue highlighter)
The most recent move off the high (wave 3-4) has satisfied all of my criteria for a standard ABC corrective pattern.
The 5th and final wave typically has the largest and most volatile moves, which is another difference between my wave system and Elliot Waves.
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