BTCUSDT — The Waves Are Screaming
Impulsive phase down is sharp and clear. Corrective phase is slow, choppy, overlapping. A new macro trend never begins with a corrective phase.
Everyone who looking for the next big move up, are missing the obvious.
Study the chart. Impulsive phase down is so sharp and clear. Corrective phase; slow, choppy, overlapping mess.
Here is the rule they do not teach you: A new macro trend never begins with a corrective phase. This entire month-long consolidation is just the bears taking a breath. When corrections exhaust, the previous trend resumes with violence. The waves are screaming.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Elliott Wave analysis involves subjective interpretation. Always do your own research and manage your risk accordingly.
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