Still behaving as predicted. Notice price hit the 0.236 retracement fib to the cent today? This just reinforces the accuracy of the retracement tool and helps verify the count. I am counting that as our mini B wave which indicates we're now in the C wave of b. It appears we've carved out the first wave of that C wave thus far. I expect us to continue higher tomorrow and start to knock on the door of that target box or even tag it slightly. I doubt this count completes tomorrow but anything is possible.
My plan stands as of now, which is to buy some puts when we enter that box. I expect price to drop to $200 or lower at a minimum for the next drop.
$173 = best entry. it will not go below this number.
JerryManders
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Interesting.. just saw this post after commenting on your most recent COIN idea. This is the structural similarity I was referring to. Isn't current setup similar to what was developing in this idea? Or maybe I'm wrong in that association.
Dreamalittledream
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Congratulations pegging this idea perfectly! Is this a good entry for a put now that the price reached the the b/c box highlighted at 257? I super appreciate your great ideas!!! Thank you!
TSuth
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@Dreamalittledream if you want more information you'd have to sign up on my website
truthfulDove96817
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where you expect top sir, as this has been invalidated
With that kind of drop in BTC do you think there is still any chance of this going higher to 250 odd? A straight dive back to 200 levels looks more likely if BTC carries the fall?