What a couple of days for crypto. Yesterday especially, this is a big reason I prefer stock markets and regulated liquidity. These guard rails exist for a reason, be careful out there and check on your friends.
BLSH appears set to do a dip down here giving a fakeout of a breached wave 1 (wave 1 correctional was an expanded flat so wave 5 did ended where the white like is, not the yellow line. These are some of my favorite bottoms to find because it fools other Elliot Wave technicians who don't drill down into the smaller time frames.
Of course if the $54.00 level is breached solidly, well then it may be time to pack it up and go home. I still have high plans for this stock though, expecting a full recoup to $120+
Wave-Count Confidence: STRONG/Above Average
BLSH appears set to do a dip down here giving a fakeout of a breached wave 1 (wave 1 correctional was an expanded flat so wave 5 did ended where the white like is, not the yellow line. These are some of my favorite bottoms to find because it fools other Elliot Wave technicians who don't drill down into the smaller time frames.
Of course if the $54.00 level is breached solidly, well then it may be time to pack it up and go home. I still have high plans for this stock though, expecting a full recoup to $120+
Wave-Count Confidence: STRONG/Above Average
Trade active
No gap down today, but added heavily. I suspect the bottom is in.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.