@bitdoctor posted this chart which has impressed me. In that count the ABC correction is in and we're currently in wave (ii)
DefiSenpai
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@DVemer, Doesnt look very similar to what\s actually happening though. All the technicals are yelling HOT is overbought. We're still in a Bear Market. I would aim to rebuy at 26 Sats and you'll be golden
iamdon
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why do you think there is ABC correction now?
i dont think it has even completed 5 wave motive from 11 sats. please post your counts.,
DefiSenpai
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@iamdon, It's true. the 5 wave motion is a bit unclear. and that goes for a lot of major crypto run ups. We're seeing 7+ waves up. But the decline has almost always followed the same pattern. Were definitly seeing wave C atm. and I fully expect HOT to hit 25 SATS b4 it starts a new cycle