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ColonelCrypto
Jul 31, 2018 3:09 PM

If your portfolio looks like a sea of red right now.... 

Bitcoin / DollarBitfinex

Description

Breathe. It’s all good.

Impulse wave 1 complete, 5 beautiful waves. Deep wave 2 retrace, shallow wave 4.

Everyone was happy......

Then we needed a retrace, the A came down.... everyone still positive.

The B wave goes back up, and everyone is expecting another big run or something?

Not yet, we need to complete wave C. And now we’re in the midst of wave C, everyone has suddenly got brown underwear!

Targets for wave C as follows:

.382 - $7463
.500 - $7143
.618 - $6820

Below that.... well that’s a different story. The .786 would be the last saviour for the bulls, but we don’t want to drop that low.

Once C is complete we will begin our wave 3, targets up already sent out for our clients.



Trade safe,

The Colonel xxx
Comments
Thatbluh
down we go to 4.5!
ColonelCrypto
@Thatbluh, well that would be a lovely short to trade. 100x leverage? Let us know how you get on ;)
NEWRO
Nice analysis and great advice. Thanks Colonel
ColonelCrypto
And as usual chaps....

Ladder in - Ladder Out!
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