BTCUSD chart - Updated 080921
Some references suggests the following: • Leading diagonal is usually characterized by overlapping wave 1 and 4 and also by the wedge shape but overlap between wave 1 and 4 is not a condition, it may or may not happen (here).
others suggest it as a must (here)
Apparently the latter was more accurate, as my last chart had a flow. here is its corrected , potential projections for the time being.
Although both RSI and MACD indicators do not show any sign of a reversal, this is the chart i believe in for now. yet, price is king and things might change in a blink!
PS: not a financial advice!
others suggest it as a must (here)
Apparently the latter was more accurate, as my last chart had a flow. here is its corrected , potential projections for the time being.
Although both RSI and MACD indicators do not show any sign of a reversal, this is the chart i believe in for now. yet, price is king and things might change in a blink!
PS: not a financial advice!
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