More and more evidences, in my opinion, that the market is going to go down.
Take a look on Litecoin. Nearest low was made by 3 waves, not 5. Precident structure and current impulsive attempts up comprise pattern "Irregular".
More than that. Wave 4 in C im an impuls. It is a characteristic of an Ending Diagonal Triangle.
Sudden up movements with almost no initial structures, spurts from nowhere. Also indicates that it is temprorary movement.
So, I am looking for any initial impulses down and going short. Anticipating big crash.
Take a look on Litecoin. Nearest low was made by 3 waves, not 5. Precident structure and current impulsive attempts up comprise pattern "Irregular".
More than that. Wave 4 in C im an impuls. It is a characteristic of an Ending Diagonal Triangle.
Sudden up movements with almost no initial structures, spurts from nowhere. Also indicates that it is temprorary movement.
So, I am looking for any initial impulses down and going short. Anticipating big crash.