more stupid lines on your chart than ETH max supply
barry_gamache
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@omerg313 I draw trend and inflection lines on top of Elliotts to interpret the change in acceleration of price flux at forecasted intervals over time - hence my parabolic assumption and no decline in downwaves this entire cycle aside from the wedges. Thanks for your input!
Just like jumping, we need a firm base.
We're still in the uptrend, and needed to confirm the bottom of this very aggro up-channel,
now in a parallel uptrend channel, right where we want to be.
Inv H&S finishing formation now.
I did not play this dip, but still long at $135 with an add-on at $240 last dip.
My targets haven't changed, nor my confidence,
unless*** the inv H&S turns to a rising wedge.
Correction wave would've hit $275 and $257 -- which it did, just with a lot of bleed from the short-term traders.