This is an update from my previous chart.. but I don't have any idea how to update my chart yet... :-| The point is that we're all looking for the bottom.. meaning the terminal end of the C-wave... have we looked at the proportion between the so called 'A'-wave and the C wave we are aiming for ? I would believe that we are still in the first correctional wave......
Hi folks, The best thing in trading is to commit your mistakes and keep learning from the past... I think that everyone has been at least 1 time wrong in the way down with BTC... because... Every milestone in BTC looks like it has never happened before... but it did, we just cannot understand the dimension of the correction... that's why I think we are all...
I just made a possibility, as the they say you have to look the bigger perspective... In case this was just a chart, and not our precious BTC... There's a clearer similar pattern forming with XRP... But of-course, I could be very wrong too...
After I showed you the probable long retracement move BTC is possibly going to make with the cup and handle I showed you... I noticed a lot of points have a pattern in a parabolic movement ! If you connect all the lows BTC made in the correction, you can see a pattern made... As well as with the pull backs from those lows... where a bottom support line is made......
got some good info from good analysts, but I still cannot exclude this all time low from one analyst who forecasted this.. Because in a ABCDE correction this scenario could come out...
Counting the Elliott Waves as I am able to, I find it hard to avoid a lower drop, because this would mess up the complete correction... I cannot believe there's no 5th subwave in the C wave... if someone can show me a better set-up, or where I made a mistake, any critic is welcome... Because I have seen very smart and experienced Elliott Wave analysts who change...
double bottom with exactly 2x 0.87 usd ? anyone knows if the correction is finished or not? depending on BTC perhaps?
No idea where it's heading now, but there is a path... indeed.. many of-course, 36 correct? :-)
XRP is still hesitating as BTC isn't quite sure either of-course... the trend was broke already before, but could the buyers win from the sellers this time? Or probably the correction could still take a while... like many other altcoins. A drop to 1 usd looks less likely but possible... I know a lot of sharks are waiting there (perhaps with a head and shoulders...
I am a learning trader... nevertheless I try to HODL at all (human) means possible... on the other side I prefer Ripple as a breakthrough and reallife potential coin. But we never have to neglect BTC as this is the mother of all coins and clearly all alts follow the herd... I had a week ago or so the same retracement indicated on this chart in mind... seemly BTC...