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Technical analysis by afinalboss about Symbol BTC: Buy recommendation (8/29/2024)

https://sahmeto.com/message/2572961
afinalboss
afinalboss
Rank: 11855
1.5
Buy،Technical،afinalboss

-Prices may vary dramatically-Times should have less of a margin of error -Waves counts are the main focus hereI always have bearish and bullish ideas for wave counts, but from this perspective I would expect a clear 5 wave move higher here, with 2 clear ABC corrective waves on the way (blue highlighter)The most recent move off the high (wave 3-4) has satisfied all of my criteria for a standard ABC corrective pattern. The 5th and final wave typically has the largest and most volatile moves, which is another difference between my wave system and Elliot Waves.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$128,000
Price at Publish Time:
$59,202.73
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