After seeing some quick action on BCD following an ATL, BCD has now retraced back to a healthy price range @300. I anticapte this could be the formation of Wave 2 or Wave 1 still forming. Entry At 295-300, SL At 285. As always take it with a grain of salt, and happy trading.
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Wave 2: retraced to .618 (289) Wave 3: adjusted to 361 Wave 4: Anticipate smaller retracement as Wave 2 had a .786 retracement back to 289. (SL was not triggered) Wave 5: TBD
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My OCD is getting the best of me. Wave 2 retraced about halfway between .618, and .786. Please comment if you want an updated illustration of my EW count
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Be patient everyone. The fact that its holding its satoshi value as bitcoin makes an ascent is promising. When it happens it will happen in a span of hours. Be awake, caffeinated and sell orders in place. Happy Trading.