Ghali-Trading

#Elliottwave

I took 30% of the quantity here.. We are waiting for cheaper prices according to previous updates, and God brings goodness..

$BTC
X : @Ghx1o
🔶Now that the drop has been confirmed, what is the next destination and how do I deal with the scenarios?

I have 3 possible "movement scenarios" explained below, and remember that having multiple scenarios is an advantage if you know how to handle them.

- My biases are always based on the mood of the chart, not my mood, and building a confirmed view during price movement is a wrong action, but let's see what's available while we observe from a distance without taking any actions we might regret.

Note that we have divergence, but it hasn't given us confirmation yet; however, we should keep it in mind.

Scenario One:

🔹The rise of wave B as a correction after the last five-wave drop to complete the last leg C of the major wave Z.

The confirmation is the break of wave 4 shown on the chart with a green line.

Scenario Two:

Considering that wave X is not yet finished and is of the "flat" type, the price will rise to achieve C and then drop again in a three-wave Z.

The point of confirmation is the break of the fourth wave after its formation.

Scenario Three:

The price is in the process of completing the last wave Z in preparation for the start of a new upward wave.

The confirmation point is also shown.

🔹So how do I deal with multiple wave scenarios?

The current time is for waiting and observing, not for making decisions at all. I will wait until the picture becomes clear and then decide when to increase the quantity.

#BTC #Eliottwave

Bitcoin Update 1H

The current scenario TZ.. We are either in wave X triangular, or in wave B of Z which is also triangular.

I am not concerned now with knowing the internal composition as long as they all support the decline, in line with the MACD triangle + the deep bottom that needs a price bottom to form divergence.

Twitter : @Ghx1o
$BTC

#BTC
#elliottwaves

‏Side update for the last wave 1H

‏Bitcoin has risen according to the previous analysis of the specified area for wave B, we are now waiting for the confirmation break to continue our journey .. ✅

‏🔸 Breaking 94850$ needs review and change in numbering, and God knows best.