You post all these possible counts, which is necessary to be a successful analyst, but in your opinion, what is the most likely count?
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You post all these possible counts, which is necessary to be a successful analyst, but in your opinion, what is the most likely count?
I quote myself from another post:
"Double bottom @ 6k sounds good and is plausible. I noticed that wave 2 usually retraces very deeply in BTC which raises the probability for this a little...
But somebody already pointed it out in this comment section. Such a huge downtrend usually ends with capitulation (4000-2000$). I am already mentally prepared for this downtrend to last the whole year of 2018. Anything other than that would be a positive surprise."