Quick BTC update 29.12.2020

in HODL3 years ago

How it's going:

(It is correct that this brown wave 3 is not located at the ATH. In this case, putting it at the ATH shows that you don't understand expanding flat patterns and it's just WRONG to put it there in this case. Because in its entirety, this brown wave 4 is likely a rare triple flat correction.)
I have one alternate which sees one more low below brown 4 incoming, but at this point it is not likely to happen.


How it started:


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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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I think we are in a short consolidation period and have shown good support between $25K-28K. I think we will get a push to 30K within the next week.

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