Hello guys, today in Bitcoin analysis, my opinion is that it is impossible to be in the prediction phase, which means that we are probably in the middle of a pattern and we have not yet reached the end of the pattern, so there may be many scenarios. Different scenarios are based on the most likely occurrence. I explain:
1. The first scenario marked with a blue dotted line has a probability of 60-70%. This scenario says that the current pattern may be a triangle and the price is completing wave c.
2. The second scenario, marked with a yellow dotted line, has a 20% chance of happening. This scenario says that we will be accelerated at the end of a c wave, now its type may be trend accelerated or terminal accelerated depending on the market conditions.
3. The third scenario marked with a red dotted line is the last possible occurrence. This scenario tells us that wave c may become a trending or terminal acceleration.
Trading opportunity: It is recommended to wait here for the time being until the position of the market becomes clear in the next 11 days and see which scenario will be realized.
Thanks
1. The first scenario marked with a blue dotted line has a probability of 60-70%. This scenario says that the current pattern may be a triangle and the price is completing wave c.
2. The second scenario, marked with a yellow dotted line, has a 20% chance of happening. This scenario says that we will be accelerated at the end of a c wave, now its type may be trend accelerated or terminal accelerated depending on the market conditions.
3. The third scenario marked with a red dotted line is the last possible occurrence. This scenario tells us that wave c may become a trending or terminal acceleration.
Trading opportunity: It is recommended to wait here for the time being until the position of the market becomes clear in the next 11 days and see which scenario will be realized.
Thanks