To be honest, Im very bullish. But it would be naive to ignore this possible Bear Count. This Count would finish it's ABC in the near time around 31800$ and start it's last Y Leg down to new Lows. Everythings possible, so have a StopLoss ready or you'll get trapped. Stay safe
I don't say we come down to these levels right now and I don't say, we will get a Swing Failure, but if we do come down to 17k and reclaim the last low, I'll be long until we see bearish Signs. DO NOT FOLLOW MY IDEAS BLINDLY. Stay safe
I still think we could hit the 14k lvl from one of my earliest ideas, but I'm leaning more and more to this idea. We could meet the green Zone, so that people have confidence in lower prices with all the bad news. All the shorts then could result in a pretty harsh short squeeze up to around 30k. Still a beginner, don't trade my ideas.
We either have a smaller wxy to $19300, so the RED WXY has some kind of symmetry, Or we capitualate down to $14700, which would be the 1.618 Fib extension from the red WXY. So, $19300 or $14700 till Wednesday. Which will it be?
My first published Idea. That's my primary Count for ADA, unless BTC pumps like crazy in the next days. For the Count to succeed, we want BTC to capitulate and drop to 23k in the next days, so altcoins can drop another 50% to the downside and find their bottom. DO NOT FOLLOW MY IDEAS. IM STILL A BEGINNER, WHEN IT COMES TO TRADING