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Bitcoin C Leg of Zig Zag in a WXY Targeting 7600 Aug 26th

Oleh KondrackiKarl
Diupdate
Hello.
Current estimate for the end of the Zig Zag playing out in a combination
(Flat with failed B leg, any three, zig zag, potential wxyxz)
The Flat having a failed B leg created a Falling Three Peaks

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Head and Shoulders

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Bars mirrored and flipped
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Estimating WXY to finish around $7250-$7600

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Zig Zag playing out well
Neck line broken from Head and Shoulders
Stalled at the Pitch Fork mid point
New lead in created, expecting a sudden bump soon

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Wolfe Wave to help with timing?
Estimating September 3rd for a target around $7500

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Strong retracement back to the neck line
If we break it I feel we go higher
but thinking this is a good place to turn around

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Still thinking we are going lower
Looks like Y leg (zig zag) already finished
and we are in a A leg of second X in a WXYXZ
If we go back above the neckline,
then I think a WXY could be complete

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Current estimate
I still feel the correction isnt over and that we are in a WXYXZ
The main reason I am still bearish is because wave 2 is supposed to retrace 61.8% or more
and we havent even hit 50% retrace
A break outside pitchfork 100% says next impulse

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Current Estimate
Thinking we are in a Triple Three
If we break the top of the pitchfork then we are impulsive
but i think we will reject at the pitchfork top and then begin Z of Triple Three

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Bitcoin (Cryptocurrency)BTCBTCUSDElliott WavefallingthreepeaksFibonacciwxywxyxzxbtXBTUSDZigzag
KondrackiKarl
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