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!
Nota
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.Dagangan ditutup secara manual
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.