The circle area has me a bit perplexed atm, so going off the swings here a bit. Need this to finish in a motive wave here pretty quick to keep my confidence in this count variant.
hey there, are you also counting this ltc move as a 5-3-5?
WooFasa
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@Eloquent, 🤣🤣🤣🤣🤣 Please post your short position so that we can add it to the wall of autistics in reddit
Eloquent
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@jherron87, lol, i'm not trying to short it - just looking at the market from a different perspective. when everyone and their uncle is bullish, i'm cautious
CryptoKnee
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@Eloquent yes, of course that has to be considered. As a guideline, the slope of a wave C should be less steep compared to the slope of the wave A. But that's just a guidlines. Here, looks like the 2nd move is sharper atm...im afk and realize stuff is falling right now. but for future reference. So until there's some more distance up put in, like a wave 3, or another higher low and a break up, like a 12,12, I would say it's still a possibility to keep an eye on.