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RE: Bitcoin BTC Jan 24 Technical Analysis Update - No official uptrend confirm. Massive Rejection.

in #bitcoin7 years ago (edited)

Thanks for the update! Have been waiting for this. Yes, I've been counting the waves as follows and confirmed that the wave 4 has ended (subwave 5) when it never breach 11600 (which is the wave 1's low). Also I've double confirmed this to be the "top" as soon as the price drops below the 2nd blue dotted line (11219) as it's the tip of the sub-sub-wave 1 (and should not overlap unless it's doing a wave 5 correction) - do I make sense? Haha... thanks for all the lessons, I'm feeling that I can start to fish on my own soon.