Quick BTC update 29.12.2020

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234
Reading
2 min
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6y

How it's going:

(It is correct that this brown wave 3 is not located at the ATH. In this case, putting it at the ATH shows that you don't understand expanding flat patterns and it's just WRONG to put it there in this case. Because in its entirety, this brown wave 4 is likely a rare triple flat correction.)
I have one alternate which sees one more low below brown 4 incoming, but at this point it is not likely to happen.


How it started:


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Feel free to use and share my charts, but please mention me, ew-and-patterns@ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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Quick BTC update 29.12.2020 | Ecency