found bottom of channel and also a support area. will GoPRO Move higher or will it pull back for one more low?
The second wave could be set, but we could have a leading diagonal wave A, which would mean the correction is not done, and will make this Idea invalid, lets see what plays out, I will update further.
Ok here is some fundamentals: Monero outperforms the crypto market as its dark web use rises - Source -Invezz Monero leads privacy-oriented coins in year-on-year growth, up 249% in 2020 - Source: FXStreet While the dark Web has really lead to the use of more Cryptocurrency, due to its untraceable characteristics. We must ask then, what is Crypto mainly used for?...
Given the illustrated paths in Red, White and Blue. I expect to see a change in sentiment sooner than later. That being said, Will we see the USD gain strength? So.. First I take a look at some clues. 1. Impulsive move lower ✓ 2. Ending Diagonal 5th ✓ 3. Corrective 3 waves up ✓ Then on the contrary we can say... 1. 5th Wave is not completed 2. My count is...
possible but not certain lets see what plays out the next couple of weeks
not a trade call, just a learning chart for my personal records.