RobinG

BATHETH - Huge wave 3-3 move - In correction

Long
RobinG Updated   
BINANCE:BATETH   None
BATETH just had an insane run when 5m tokens were purchased in a 2 hour timeframe. Currently undergoing a corrective pattern following that move. Considering it's dramatic move and location, it looks like wave 3 of primary wave 3 just occurred. And we're setting up for a wave 5 move sometime in the next 48 hours.

Primary wave 1 would have predicted a landing spot around 0.00085 for the whole primary wave 3, but wave 3-3 landed halfway between the 1 and 1.618 extension. So Wave 3-5 will very likely land above the 1.618, perhaps between 1.618 and 2.618. Wave 3-1 extensions were blown way past, landing above 4.236, so that isn't much help. Wave 3-4 hasn't finished correcting, so it's difficult to predict where wave 3-5 will go.

At this point, I'm going to wait to see where 3-4 lands before making any moves.
Comment:
Trending sideways for the moment, it's corrective cycle is getting quite elongated. Touched on the corrective zone I projected but didn't drop in much. Will want to watch a little while longer to see what patterns start shaping up.

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