Update on bitcoin....
If we are completing this wave then we could end up at 8,500 but if this is just the first wave of a 5 wave move down, we could end up at 7,300.
Considering this is a wave 2, I'm expecting a lot of indecision and a deeper correction...
$BTC #BTC
Since bitcoin has had an impulsive move up, this would be my current bias.
The C wave of an expanded flat unfolds in 5 waves, which would match what we are seeing in BTC at the moment.
$BTC #BTC
Cardano is about to reach it's last major support zone.
This support also happens to align with my elliot count.
I keep saying alts look awful but this opportunity looks too good to pass up.
$ADA #ADA
I've been eyeing this Walton count for a while...
Alts look really bad so I'm not expecting us to make new highs but I do think we could possibly see a nice bounce once it gets to this level.
Very tight stops...
$WTC #WTC
so matic and one just did like 100% and 50% each in a few days.
well i spy with my little eye another IEO shitcoin that just broke out of an ending diagonal higher than usual volume and has not moved nearly as much yet. 👀
We got the push up like I was expecting but I would definitely take profit if you haven't already because we are testing multiple fib levels.
I do think we will still ultimately head lower and I don't like the risk for long positions.
The next 4hr candle is crucial.
$BTC #BTC
Thing about trading is that you have worked so hard to achieve success in it that quitting is like stopping and turning around while trying to swim across the Atlantic, not only is failure monumentally disappointing but you realize how far you now need to swim to get back home
$BTC
What happens first?
(Also, Lunch on me for anyone who can provide today's Bitstamp closing price. $100 of BTC to the person that nails the close to the Dollar (multiple winners would share)
1pm EST on Wallstreet is your submission deadline- Notify me by DM if you win)