BTC-XLM

The market is healing

Long
BTC-XLM Updated   
INDEX:BTCUSD   Bitcoin

As you can see, the first wave is home to the bull whales.

(Huge volume)


Technical Section (Wave 5, Lesser Degree):

As shown on this chart, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself. We'll see.

Extended Wave 5 = either

61.8% x length (beginning of Wave 1 to top of Wave 3)
or
= 100% length of (beginning of Wave 1 to top of Wave 3)
or
= 161.8% x length of (beginning of Wave 1 to top of Wave 3)


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good luck

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So long and goodbye


Trade active
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Target (Wave 1) = $ 41.5k - $ 43k

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Update

Trade closed: target reached:

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