The price is slowly pulled into the basement, hinting at a possible "long" homocide. There is nothing much to say now. Looking at future events, can't find nothing super hype: boring. Black option target (assuming earlier completion of the triangle in (B)-black) is the area of 2500-1500. While blue option target starts from 9000.
Very optimistic scenario! However, still no signs of a reverse.
SRVgroup
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@CryptoComes, This is one of the options. You did not notice the black version: it implies a price drop down to 1500-2500. I did not pass it with a pencil.
Today will be an update on the continuation.
Fediculous
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We think we are likely to find support soon at 7000. Do you agree?
SRVgroup
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@Nenko, Hey. I see differently. However, I consider the main support in the region of 7000-6600.
For reference - in the final diagonal triangle wave 4 goes to wave 1.
In addition to the optimistic scenario, there is a negative scenario. Now it is important that we are convinced that there will be around 6,500.
Acel
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Looking good, i have something similar on the bullish count.
cryptodisco
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Been looking for someone who provides a detailed EW count. Thanks.