very similar uptrend pattern to the bigdown trend especialy up1 of upwave 1 to the start of up1 of upwave 2 + previos corection and also a similar possible down trend version to the previos big ABCDE down trend. Big decision time based on btc, to be honest it could go eather way but I like the uptrend more, have a nice day.
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@ Alex_B1M, im optimistic aswell for the uptrend but you never know for shure^^
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correction still takeing place, i expect an uptrend up to ~33€ if the next ETC down goes to 24€but be aware it after the ~33 € high it could go down very fast because btc reaches its magic line wich it didnt break since december 2017. we will see, good luck to every one :)
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lets put it mor clear, if the next red B to C breaks through my green wave 2 spike its likely to go down around the last E lvl (red Block) indicator could be the similiar previos up trend and also the amount of how heavy it will be rejected on B at the astimated btc line in yellow.Note
possible upcomeing B of ABC correction after a failed ImpulseNote
Sry my falt B correction waves can only wave 3 waves.. so its more likely to apear like thisNote
ETC isnt over the hill yet, possible saw can appear depending on the btc action the next days.
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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.