If you rigidly apply the wave theory and draw analysis charts based on the weekly chart being the 5th wave, and the 5th wave being an odd-numbered wave indicating a bullish wave, buying long during a 30-day line pullback will get you trapped. Many bloggers' bullish arguments come from the weekly 5th wave;
I have released the eight-wave bear market. Observers with sharp eyes noticed that the use of wave theory for variations was demonstrated by the pig power. In response to my message, I firmly believe it is the 5th wave. The reason for the large bullish candle is that the seventh wave is about to turn into the eighth wave! The observers' fans have discerned the clue that it is a variation of the eight waves;
If you understand the truth of the eight waves, please reply to my message: This brother has indeed understood; I do not want to explain too much! Being able to understand is because your foundational theory is solid, and having trading talent is necessary to comprehend!
Bitcoin will officially enter the eight-wave bear market at 106475 points on December 18, 2024, at 4 PM! The basis is that the K-line language shows a bearish four-hour chart below 108353 points;
The eight-wave bear market has been released, have you followed along to profit??