Im going with that Wave B is now complete and we start to move up to 260+ coinz on the Wave C or M-C-HAMMER as I will now call it in all my posts ;)
FYI ( Wave 3 & Wave C are the money shot in trading with C being the most extreme in a down trend too behold is fear personified )
T1 253.50 T2 259
Dont forget the big green line that is resistance for the last 24 days
Now the ALT ... It looks that we have only built 1 down with a consolidation (that we are now in ) so we could easily see another of the same magintude to the down to complete the B leg on HTF (higher Time Frame) Target would be 228 :S this senario actually stands out clearer on the chart than the long imho
So keep stops tight and look for the short if we break 240
UPDATED 8:30 australian time !!!
Too much weakness swapped my long to the short its down town to complete the missing
UPDATED 1:40 australian time !!!
Well That was a wild ride .. Im out and going to wait until this starts to send a clearer signal
High probability B is now finished and we are back to 260+
UPDATED 1:22 31/03/2015 (Aussie time (we are nearly a day ahead of everyone else )
This up move really does not have enough momentum in it .. Im calling a at 251-253 and retrace down to 240 to build another leg of an ABCDE triangle as per Danv Assement
Wave C should be explosive and we are not see it ATM