SimonMercier

BTCUSDT quick micro update

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Hi guys,

I post an update of my previous count :


I find the ABC correction particular. Normally after a 5 wave we see an ABC correction, but on the micro TA i suspect an alternative as the B have gone much higher than expected. This form can indicate a bearish 1-2 of a 5 wave (orange) instead of the expected ABC of a major bullish 1-2 of 5 (green). I will not extrapolate on the result of an eventual confirmation of the orange since we are still early and i need more data.

Still from every point of view, traders should wait the 9k lvl for a good entry point as we forming a double top with no higher highs, expect consolidation at lower lvls.
交易進行: new data :
評論: if you still wanna enter :
手動結束交易: price climbed too fast for a sustained momentum. check new update
Looks like we got it?
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SimonMercier whoisthelorax
@whoisthelorax, if it succeed the count would be this :
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Thank you for the original thought. I for one am undecided for now;hence out of the market (except ETC) and just watching to see what will happen.

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