BTC on WAVE 3 ride on Hourly chart

njana

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BTC on WAVE 3 ride on Hourly chart ( used EW_ABDC_PRO indicator with the following settings ):

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njana

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34K (y)

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Wave 3 tested 161.8% FIB extension, we may see a A B C pattern Wave 4 , if the 3rd Wave is complete, else if Wave 3 is still ON, we may see 200% 300% 500% extension itself.
 

njana

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;);)
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38K and beyond, seems the next 5th Wave impulse move started heading towards 50K
 

njana

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Long-term BTC daily ElliottWave counts:

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Feels like WAVE 3 is still ON ...... ( 500% fib extenson of the 3rd Wave projection is showing 55K mark ) ... following which a Wave 4 down should be seen followed by final 5th Wave ride which may not extend beyond 100% to 138% )
 
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