$BTC these are not bull flags like previous consolidations.

LIVE

Cripto InVLa

Bullish

--・780 views

See original

$BTC these are not bull flags like previous consolidations. They seem to round out the tops and head and shoulders patterns. The percentage of retraction of corrective waves 3 to 4a can vary widely depending on the specific market and the nature of the price development. However, a common pattern is that the 4th corrective wave usually retracts around 23.6% to 38.2% of the distance covered by the 3rd wave. #btc #hondasdeelliot $BTC

$BTC these are not bull flags like previous consolidations.
They seem to round out the tops and head and shoulders patterns.
The percentage of retraction of corrective waves 3 to 4a can vary widely depending on the specific market and the nature of the price development. However, a common pattern is that the 4th corrective wave usually retracts around 23.6% to 38.2% of the distance covered by the 3rd wave. #btc  #hondasdeelliot  $BTC 