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UnknownUnicorn2421992
Mar 26, 2018 6:21 AM

Ether/Bitcoin inverse trade, falling wedge reversal 

Ethereum / BitcoinBinance

Description

Ether/Bitcoin inverse trade, falling wedge reversal


- BTC testing wedge low
- ETH bounced .68 retrace

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Comments
UnknownUnicorn2421992
well, fuuuu
fiborazzi
@Wacc, lol many of my charts from this past week look the exact same. A lot of impulse waves up have failed recently around sub-wave 5. This makes me believe we're still in a bear market, and what we were identifying as a bull market 1-5 impulse wave was really a bear market ABC correction. If you hit play on your chart and look at price action since then you created it, it looks like a bear market 5 wave impulse wave structure.I think the impulse wave may complete and we may be about to enter another bullish corrective wave at this point. What do you think? Do you see what I'm saying in the chart?
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