Bitcoin has gone absolutely nowhere since the last update as it continues to look for direction in a dull summer market. If this is the calm before the storm I should get my umbrella , but I need some convincing first. The main idea remains that we would need to correct further down to complete the larger wxy pattern. I would need the market to get above 12,200 to tickle my long senses , while a drop below 9500 would make the bears drool for an 8500 attack. At the present moment we are in the land of indecision and that usually shows on the chart as a triangle. Will see which way it resumes, but for the love of God, lets get some volatility going to get the accounts running. By the way is there a VIX yet for crypto ?
JOIN ME on My telegram channel "COWBOY CRYPTO MARKETS" and our crypto room "COWBOY CRYPTO ROOM" discusses more detailed updates and lower time frame charts. If you want to learn more about Elliot wave , it's a good place to get live market info and familiarize yourself with the wave counting process. Just go telegram and search in the search-bar the mentioned names. The traders there have been learning the ropes of this methodology very quickly by being exposed to regular updates and explanations of different wave counts !
on You Tube search "cryptocowboy" .
JOIN ME on My telegram channel "COWBOY CRYPTO MARKETS" and our crypto room "COWBOY CRYPTO ROOM" discusses more detailed updates and lower time frame charts. If you want to learn more about Elliot wave , it's a good place to get live market info and familiarize yourself with the wave counting process. Just go telegram and search in the search-bar the mentioned names. The traders there have been learning the ropes of this methodology very quickly by being exposed to regular updates and explanations of different wave counts !
on You Tube search "cryptocowboy" .