Some truncated moves on ETH and LINK. Funky E/5 Waves and some truncated ABCs.
Strong accumulation still occurring here.
Possibility of the current 4 wave / C wave making one more push lower. It may be showing severe strength by have that Truncated C wave tho so dont fight it.
Shorting here may indeed be like trying to pick up pennies in front of a steam roller.
Strong accumulation still occurring here.
Possibility of the current 4 wave / C wave making one more push lower. It may be showing severe strength by have that Truncated C wave tho so dont fight it.
Shorting here may indeed be like trying to pick up pennies in front of a steam roller.
Trade active
Got our lower C / 4Note
Came below the 3.82 to 3.62.ABC is complete would be my guess.
Target is the same.
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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.