The Market Manipulation if they are planning to go
- Purposefully ambiguous wave 1. Virtually no standard pullbacks. Make people wonder is this corrective or impulsive?
-this ambiguity leads to people incorrectly thinking the fall from 11.6k to 9.3k was a wave 4 and the rise back up to the neckline being wave 5.
- dump from creates panic. There is no subdivision leading up to the binance hack, which means all of that is 1 of 5 down.
-this means that first bounce was ACTUALLY wave 4 of 5 down (corrective up)
-the all out dump after the SEC/GOX/HACK news blinded everyone to the possibility to a truncated wave 5 of 5 of C.
- count on larger wave 3 NOT BROKEN