hondasdeelliot
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$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
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
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