Bitshares - updated count

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here is update

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The C-wave is probably finished now, Wave-1 was the extended one therefore wave-5 cannot be longer than wave-3 , so we probably get an X-wave( any corrective pattern) then another correction

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After looking closer at the count, I strongly believe that we will form a triangle after reaching bottom of the channel(which i also think is the ultimate bottom for bitshares), which will stretch out for maybe 1-2 months before our wave-3 on bigger timeframe begin which should take us way beyond ATH

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however if we break the purple line, im buying

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plenty of similarities between eos and bitshares chart



however we are trying to push out of channel now

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sold out, waiting, picture is still very unclear

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We have formed a diagonal channel:


and formed a flat after (c) which we can confirm very easily by the parallell channel + 3-3-5 structure. So i think we will continue down from here, diagonal channels is a very good indicator that we are not done with correction, so original price target still stands

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BTS struggle to break Diagonal channel, we also got bearish divergence and toppish AO.

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we went higher than anticipated, but bearish view remains the same:


other than that, we have plenty more information now about which leg we may be inside, stay tuned

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appears The whole pattern bullish pattern was an elongated flat, we can confirm this by the wave-1 extension in wave-C, also that wave-a and wave-b is similar in time. Anyways, elongated flats exclusivily only happens inside a leg of triangles