Wolverinos

corrections, corrections & dead cat bounces ?

Wolverinos Updated   
COINBASE:BTCUSD   Bitcoin
This is an update from my previous chart.. but I don't have any idea how to update my chart yet... :-|

The point is that we're all looking for the bottom.. meaning the terminal end of the C-wave... have we looked at the proportion between the so called 'A'-wave and the C wave we are aiming for ? I would believe that we are still in the first correctional wave... the A-wave !
I always had the feeling that XRP was long ahead of BTC and predicted the future...
How long was that retracement before a sudden bullish reversal?
I have posted a simple XRP chart as well where the trend from May 2017 till Nov 2017 could be repeated this time... why not with BTC and all the other alts as well ? This would make the most sense, because we are all CONFUSED and the whole market is mixed up with different people...
Probably this will be a huge ABCDE or a 535 correction !
Comment:
In a classic correction my C-wave should end lower than A... so possibly at the 4000 USD...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.