Hello everybody!
It's time to reconsider all crypto, because the correction that lasted from June until August I believe has finished.
There was a small chance of a last 5th wave in both Ethereum and Bitcoin, but since Bitcoin crossed his invalidation line, I don't see any other scenario other than down.
It was a nice flat from 880 to 2031.56 with a C leg which got almost 262% by Fibo.
Time to move on and look for a short position now. I personally don't believe in any huge bounce from the current local low of 1423, but who knows it's the market.
Looking for a further plunge. Good luck trader!
It's time to reconsider all crypto, because the correction that lasted from June until August I believe has finished.
There was a small chance of a last 5th wave in both Ethereum and Bitcoin, but since Bitcoin crossed his invalidation line, I don't see any other scenario other than down.
It was a nice flat from 880 to 2031.56 with a C leg which got almost 262% by Fibo.
Time to move on and look for a short position now. I personally don't believe in any huge bounce from the current local low of 1423, but who knows it's the market.
Looking for a further plunge. Good luck trader!
注释
The scenario stays the same, I'm looking for a short position, but there are some changes now since there was a side move. I'll post new chart, which resembles current wave structure.交易手动结束
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。