<center>https://mentormarket.io/wp-content/uploads/2019/10/image-24.png</center> <br/><p>Long time since I posted my last post about <a href="https://mentormarket.io/cryptocurrencies/toofasteddie/bitcoin-double-combo-correction-wxy/">BITCOIN</a> , I think last time was on August 24th and I talked about the evolution of a complex WXY Double Combo correction.</p>
<p>Answering to a request of @beiker, I am going to show you what I think can be the possible scenario currently on-going.</p>
<p>The Y leg was in doubt that time, we were either thinking a possible triangular shape or a Flat configuration in order to end the wave II of BITCOIN.</p>
<p>However, it seems that the most likely, in my opinion, is a finalization of the correction by a FLAT configuration for the "Y" leg:</p>
<img src="https://mentormarket.io/wp-content/uploads/2019/10/image-24-1024x469.png" alt="" class="wp-image-60748"/>
<p>In my opinion, currently we have 2 possible termination areas probabilistically speaking:</p>
<p></p>
<p> </p>
<ul><li>The area around the 100% of the FIBO length of the wave "W", corresponding to 7400 USD</li></ul>
<p> </p>
<img src="https://mentormarket.io/wp-content/uploads/2019/10/image-25-1024x470.png" alt="" class="wp-image-60749"/><br/><i><br><br></i>
<ul><li>The area around 5500 USD which is around the 127% of the FIBO length of wave W</li></ul>
<p> </p>
<img src="https://mentormarket.io/wp-content/uploads/2019/10/image-26-1024x469.png" alt="" class="wp-image-60750"/>
<p> </p>
<p>Of course, the volume is so small that I would no enter in any LONG position till a clear increase of this variable will become a fact.</p>
<p></p>
<p>@toofasteddie</p>
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<p><em>Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.</em></p>
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