Saablito
Long

Wave 3 starting soon?

BINANCE:BTTBTC   None
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This is to piggy back off last nights post, but could we be ending a possible 2nd wave and heading into a 3rd wave (which is usually the longest), if so it would likely make a 1:1 fib extension to around the 45-48 satoshi mark (potentially surpass it since wave 3 tends to be the longest but is not a given it would even reach it). I counted 5 waves up forming a bigger wave 1 and 3 waves down with the C wave still developing potentially somewhere near the 17-18 satoshi range which would form a wave 2. We are hovering between the .5 and .618 fib retracement marks which is highlighted in the post and if the .618 range holds (20-22) satoshis then we could see a 1:1 extension, if it breaks the .618 fib retracement we could see it test and bounce off the .786 range (17-18 satoshi) which will conclude the ABC correction and conclude wave 2 and start a wave 3. A move up is also volume dependent. We have been in or around the top 10 for 24 hour daily volume on Binance for a while now.


****Note: I indicated this is a long potential but I am not a financial adviser nor do i provide any financial advise. This is a potential learning opportunity for me and you. Trade and invest at YOUR own risk.
For me, this is a new coin with no history to do good back testing. The ICO was cheap and currently this coin is outrageously over priced. It will consolidate for awhile and most likely end up going back down to reality before it becomes tradable. (In a nut shell).
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@keifer, appreciate your insight on things, I never thought of it or viewed it that way, which is why I noted its a learning experience for me and you, however I will keep my stance on it until proven wrong.
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keifer Saablito
@Saablito, :) Life is a school, we only graduate when we push up daisies. Proverb "Iron sharpens iron as people sharpen people",
I could go on :P
"A bird in hand is better then two in the bush".
"Prosperity is a good teacher but adversity a better one" or should I rephrase that "Prosperity is a good teacher but adversity is a bitter one". :)

+3 Reply
@keifer, i stand corrected with BTT trade but I do feel we have been bleeding for a long time, so maybe an entry soon.
+1 Reply
keifer Saablito
@Saablito, HODL....it will bounce bud! Don't give up!
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@keifer, I sold at 17 sats 2 weeks ago, i plan on rebuying soon
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keifer Saablito
@Saablito, OK...wish you best of luck bud!
+1 Reply
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