Quick BTC update 23.07.2020

in HODL4 years ago (edited)

This likely is the breakout we have been waiting for three months now.

Not only does the count suggest it, we also broke the downtrend line and made a golden cross in the 4hour chart. All three are bullish!

The count changed a lot, as this wave 4 (light blue) was clearly a triangle with a triangle in wave e. That's why I am very confident in this count.

All waves 4 ended higher than the previous one (they don't have to) which is typical bullmarket behaviour...



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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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Thanks for the update. Rehived.

Thank you for this post @ew-and-patterns,

Why don't you drop by our discord to reach out to the community?

Sincerely,

@hodlcommunity