@tshah, :) true, I read wave 4 correction differently.
However, now its time to close the longs. 4650 will be the last oppty
tshah
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@aditya Singh, i agree now tho if we break 4550 on bitstamp then next target is again 4900 and then ATH- but m bearish at moment.
Lets see how this plays out.
Aditya_Singh1
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@tshah, yes 90% chances to retrace form 4650 area (depending on exchange), even if it goes above 4800, it will give a short move down to close shorts before going for ATH - 10% chance
tshah
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@aditya Singh, with all the new money flowing in the market- TA sometimes become unpredictable. wait and watch is the only option
saturday night's weekend-fomo-fools ( USA timezone)
may be lured for a couple more moments.
- or made sleepy for a couple more hourse, before sunday crash fear comes suddenly.
Aditya_Singh1
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@fineregex, right, parabola pattern works this way only and corrects to 61.8% other altcoins have started falling already