CappyNate🍁 on Nostr: Now Bitcoin has really entered the danger zone. Target 1 of $98k has now been ...
Now Bitcoin has really entered the danger zone. Target 1 of $98k has now been achieved.
In Elliott Wave we yield to the highest degree.
That means, even though we haven't completed 5-waves on the smaller timeframe (white count), we don't necessarily need to. A top could be in on the higher timeframes (stacked fives).
I'm not saying a top IS in.
I'm saying it could be.
And with what comes after that top, holding here is like picking up pennies in front of a freight train.
In Elliott Wave we yield to the highest degree.
That means, even though we haven't completed 5-waves on the smaller timeframe (white count), we don't necessarily need to. A top could be in on the higher timeframes (stacked fives).
I'm not saying a top IS in.
I'm saying it could be.
And with what comes after that top, holding here is like picking up pennies in front of a freight train.