This coin, when (if) it bounces will provide an incredible swing opportunity. Now the question is: Is that time now?
With Bitcoin having split analysts down the middle (bear vs bull), this coin's near future depends on the short term fate of Bitcoin. I count the ABC as finished with a nice 5 wave downward structure for C (this includes a 2.272 fib retracement of wave 4 hit with stunning perfection!).
We currently have a nice wave 2 retracement which should hold fast if bitcoin continues its chop. A nice strong move to wave 3 might make its wave 4 coincide with BTC's last move down.
My overall bias is about to flip bullish, I'm just not quite there yet. Most of you know me for my doom sayer Odin Zones. I will need to establish a new name for TP zones.
Floki OUT.
With Bitcoin having split analysts down the middle (bear vs bull), this coin's near future depends on the short term fate of Bitcoin. I count the ABC as finished with a nice 5 wave downward structure for C (this includes a 2.272 fib retracement of wave 4 hit with stunning perfection!).
We currently have a nice wave 2 retracement which should hold fast if bitcoin continues its chop. A nice strong move to wave 3 might make its wave 4 coincide with BTC's last move down.
My overall bias is about to flip bullish, I'm just not quite there yet. Most of you know me for my doom sayer Odin Zones. I will need to establish a new name for TP zones.
Floki OUT.
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Follow me on Twitter: twitter.com/FlokiCrypto
Video learning on Youtube: www.youtube.com/c/flokicrypto
Follow me on Twitter: twitter.com/FlokiCrypto
Video learning on Youtube: www.youtube.com/c/flokicrypto
