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RE: Bitcoin BTC Feb 28 - Technical Analysis Evening Update

in #bitcoin7 years ago

You mentioned that the last 5 wave count could look like this. Something which often confuses me is when it's possible to count a 3 wave as well as a 5 wave structure within the same area of a chart as you see in the pic below. Seems 5 waves fits much better but that would invalidate the second wave going down since it should be an ABC type structure right?
Screen Shot 2018-02-28 at 16.52.21.png