BTCEUR and the 5th wave (5th of 5th)
Updated
Playing with EW to find the exact BTC bottom. I never open positions on this kind of movements so I am out of the market now waiting for confirmations, but this is a good exercise... I am not an Elliot trader as you can see.
I've used Fibo Retracement and Fibo Trend based tools to draw waves. The 5th wave depends on market reaction and FA.
Please be careful with stablecoins short/long entry (USDT, TUSDT,... ) because levels and bounce games could be consistently different.
I am waiting for the not collateralized-stablecoins (algo) season in 2019!
I am bullish on long term.
What's your feeling for the correction?
I've used Fibo Retracement and Fibo Trend based tools to draw waves. The 5th wave depends on market reaction and FA.
Please be careful with stablecoins short/long entry (USDT, TUSDT,... ) because levels and bounce games could be consistently different.
I am waiting for the not collateralized-stablecoins (algo) season in 2019!
I am bullish on long term.
What's your feeling for the correction?
Note
extended 5th (local 100% retracement- green line + red dots) touched.If support does not hold. price will visit 1.618
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