Prices came down today following an awaited top in wave C of X or B . The game plan moves forward with 3 proposed counts, flat ( under question since we were just shy of 90% retrace) , the triangle , or a double combo wxy , with X wave finished. This bitcoin correction will be a lot of fun to watch it develop maybe not as much to trade it , unless you employ some elliot to it. Even then you gotta be humble and quick and take what the market gives you. 10,600 would be a good initial target for this triangle leg if we develop in 3 waves, if it will look more like 5 then we kiss the triangle goodbye. The correction in the rest of the crypto space are ringing the same bell, its just kinda interesting to watch when bitcoin goes up , the alts stay flat , when bitcoin goes down the alts go down. I am curious when the other version will pick up but for now it's lost in translation or maybe signaling something ....
A brand new Video today i posted on you tube under "cryptocowboy" account. Interesting stuff and counts explanation. Pls check it out.
I also remind you , Our telegram channel "cowboy crypto markets" 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.
A brand new Video today i posted on you tube under "cryptocowboy" account. Interesting stuff and counts explanation. Pls check it out.
I also remind you , Our telegram channel "cowboy crypto markets" 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.