@damdamm I do not know if you've noticed that. In the old stock market the number 6 of fibonacci was the one that suited the most. But here in the cryptos I have seen a gigantic pattern of 7 fibonacci points. Another thing. Are you looking at some more cryptomoedas? What would they be? Any one that you think is high standard?
damdamm
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@eduardokaykedasilva, Cryptomodeas ? You mean coins ? I am truely DigiByte homie so always 1st place is reserved for DigiByte. If I have any leftovers of capital Monaco, Stratis, Stellar, Bitshare are worth to look also.. :)
damdamm
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@eduardokaykedasilva, Exactly that's why I believe that for now no matter if it is C or 2 fall is expected. And that's why I do not believe that current correction is satisfied with level 0.382 or 0.5. Crypto also like 0.85 field.
damdamm
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@damdamm, Fibs and triangle broken whisper to short easy. But indicators are not so bright to short now :) Only 1D and 1W would allow me to do that.
damdamm
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TRAP ?
or short :) ?
No-one told it will be easy :)
eduardokaykedasilva
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@damdamm,
I was analyzing just that. It could be a trap. It may be the formation of a descending triangle. It may be that you are trying to test the props that are very close to the triangle. At the present time it seems that he is trying to go back inside and is using the top line as resistance. I believe that if we drop below 367 we go to 363 or 360. Then keep an eye on the stop for those who bought it. What do you think? If we fall for the formation of the C point I will have to rewrite the old Elliot again.