Hey traders,
I think the correction is over and we can begin to put in our wave 3. We had a nice ABC correction which tagged several corrective fibs and was beautiful to actually chart. I think we'll head up higher from here, I see wave 3 topping out realistically at .27 but it could go shallow at .19 or as high as .40 based on the fib extension. These are just my thoughts and I am not a financial adviser, please do your own research when trading cryptocurrencies.
Good luck and Cheers!
I think the correction is over and we can begin to put in our wave 3. We had a nice ABC correction which tagged several corrective fibs and was beautiful to actually chart. I think we'll head up higher from here, I see wave 3 topping out realistically at .27 but it could go shallow at .19 or as high as .40 based on the fib extension. These are just my thoughts and I am not a financial adviser, please do your own research when trading cryptocurrencies.
Good luck and Cheers!
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I didn't see a ton of stop losses triggered by the dip below .10, we have some strong hands hodling 
ACH, I think we push up to test .14 at the very minimum, I would like to see some volume step in here and if we get an impulse, I would expect the top to come in around .17 (1.618) or .21 (2.618) for this next leg up. If we are still in a complex correction though, we may see a peak near or just above the previous high around .14 then head down to set a lower low around .052. This is how I'll be playing the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.