Closer look at Wave C internals

POLONIEX:ETHBTC   Ethereum / Bitcoin
Red and green a separate counts (Green = Bull || Red = Bear)

We could be in a (4) right now for another push higher before down (Green).
Or we could be beginning a nasty path downward.

Both look viable to my at the moment. Typically looking for a ~38.2% retrace on a w4, but this looks like it may end deeper. Obv possible, but lends skepticism, at least imo             .

Basically just some more brainstorming while we wait this bore out.
Comment: TBD if total decimation of one more leg up.
Good call
+1 Reply
I have your wave 4(C) correcting to 61.8% which normal after a 2 Doji candle pattern I am lead to believe?
Aerot zippy1day
New info to me, thanks. When I publish charts I try to stick with the 'norm' ratios if you will. Everyone gets too butthurt when its something they cant recognize xD But I will look into that one - appreciate the helpful comment.
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