Hey. We are considering to buy. However, it is necessary to wait for confirmation in the form of the completion of the upward impulse of the 1st wave (Minuette) in the wave of C(Minute). After testing the price level of 8400, we recommend buying at a local price correction to the level of 8250-8100, continuing purchases at local corrections above 8500.
i like hitting the play button to see the actual. bitcoin wrecked these charts last night :)
BlackM00N
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Publication 11 - October - Target Wave 5 (Y) is 5600. Thanks
BlackM00N
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ferGOD
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Horizon Fades!
The cryptocurrency market appears to have stalled out in the wake of several fundamentals that failed to deliver. Bakkt’s weak BTC futures debut and the withdrawal of VanEck SolidX’s ETF proposal both adversely affected the market, and today’s slump is a direct result. Investors and traders look to impending fundamental factors as price drivers. In their absence, traders only have charts upon which to rely, and it goes without saying that BTC’s chart hasn’t painted the prettiest picture in recent weeks. The turbulence of the market has sidelined all but the most adventurous traders. As far as rollercoasters go, this one has been pretty thrilling, a little scary, and entirely unpredictable. While there is, without a doubt, every possibility a sizable decline will occur, we’re not entirely sold. That’s alright though it’s always worth repeating. Markets move in cycles. The BTC halving is approaching, and quickly. Getting in position to take advantage of the presumed price run leading to BTC’s quadrennial event will be the modus operandi of every intelligent trader in the market. Without any fundamental price drivers in the immediate horizon, the next milestone to look to is the May 2020 halving. Read more here...
WaveTrader93
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Hi, i thank you. This variant of wave count has never occurred to me, but I'm afraid they are more likely wave count.
CryptoTron23
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Can not be a Wave 4 at or around 6k. Breaches the 382&.5 fibs. Any deeper than .5 is a Wave 2 or something else.