
ابو يوسف
3.6K posts

ابو يوسف
@metat7es
رَبِّ أَوْزِعْنِي أَنْ أَشْكُرَ نِعْمَتَكَ الَّتِي أَنْعَمْتَ عَلَيَّ وَعَلَى وَالِدَيَّ وَأَنْ أَعْمَلَ صَالِحًا تَرْضَاهُ



$BTC Here is a mega in-depth, 30-minute macro update on how we could look at #Bitcoin's structure from the highest timeframe, to the local timeframes. Organization of the probable scenarios is absolutely key, and I hope I can help everyone support your own thesis. Enjoy!








@HenrikZeberg Okay, just read Elliott's law on impulse waves, one of its conditions is that the third wave should not be the shortest.


@HenrikZeberg It seems you don't know what Elliott Wave Theories are and what the evidence is. I can't answer.👍











$BTC Let's finally narrow it down. In my opinion, I am leaning towards the Diagonal idea where we are now looking for an eventual multi-week pullback (although both scenarios are still valid at the time of writing (both the impulse and diagonal). We just have more evidence of the Diagonal being the highest probable scenario for several reasons: 1. The Diagonal is actually technically complete from a pattern recognition perspective (even if it weren't, another high would still make it technically valid), 2. All A:C/W:Y waves of the Diagonal in hindsight show a respectable 1 to .618 or 1 ratio. The best way to put it is that the impulse scenario is still in the validation stage, and the diagonal is now in the follow-up stage. The diagonal is a technical completion in regards to pattern recognition, and the impulse is just an assumption.






