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RE: Bitcoin BTC - Afternoon Update - Setups, Correction Targets, Long Targets

in #bitcoin7 years ago (edited)

Would this be another valid count? The current count has a wave 1 and wave 4 overlap. The trend lines don't seem slopped enough to be a leading diagonal. The overlap seems little deep and long to be "just the wicks".
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Yes absolutely. That's an alternate of mine now. Reason I don't count it is because if we simply look on a 30 minute chart, it makes much sense. Give it a shot.

download (12).png
Yeah, looking at the 30 min definitely helps a lot. It makes much more sense now.