Pattern : ABCDE correction with Zig zag 5,3,5 on shorter time frame. ABC correction on bigger time frame. Fibonacci full retracement at 3.5k.
Crucial data : Volatility calculation (calculated by Srezz) implies that if we close below 7775 the next zone is 2.8k but i will stay conservative with my fibo full retracement at 3.5k
Opinion : highly probable
Chart 1) 60 min - Zig zag 5,3,5
2) 1D - ABCDE (not showed) with ABC variant original post
3) 1W - ABC correction
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if you didnt folow all the story. Heres my older post :
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If this count is valid as i project we may go verticaly down. Worked at hospital tonight and tired. i will give target later and it will give us time to see if the count is the one i project !
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As projected in the precendent chart we going down verticaly. 1-2 major with 1-2s sub and minor
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Anterio scenario still on the table :
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And this one still on the table :
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I would wait to confirm it but it seems that we going for ths scenario :
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Weekly post maybe tonight. Stay tuned !
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Im starting to be curious about how the alts behave. I think a new weekly post with both bullish and bearish count tomorrow would be better than the bearish count.
My questions are : Does alts market behave is a pro-factor of BTC behavior ? By focusing on a bearish count does I have missed key elements ?
Why waiting for tomorrow ? -More data, better projection !