noble1ones

Bitcoin Intra-Day complex correction Update

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BITSTAMP:BTCUSD   Bitcoin
This was stated in a prior posted chart of mine:
"Micro degree in pink implies that micro wave 3 in subminuette Wave 3 is complete. Next move should be a down or a sideways move in micro wave 4. Micro wave 4 of subminuette wave 3 could develop into a triangle or a complex combination of some sort. Then the next move of interest will be progressive micro wave 5 to complete subminuette Wave 3."

I believe that micro wave 4 developed into a complex correction that currently ended with a running flat triangle formation. At this time price should be moving progressively in micro wave 5 within subminuette wave 3, in my humble opinion.
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