A good trader has to adopt for the change in trading environment.
the so long correction in s&p500 index is in a wedge shaped and now broke-out with 5 waves.
the 1st confirmation for bullishness (formation of wave''E'') is set as this BO (5waves)exceeded 62% of wave 'D'.
wait for 2nd confirmation ,a pullback up to 38% of new wave 'A '(4455)this week (FED int...
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Based on the chart, and fractals observed thru out this correction - and using a ratio analysis of both price action and time....i believe there is a high probability to see BTC reach a lower low.
Based on the chart pattern and elliot wave count, i think the "e wave" is where we are within this cycle down, and that means correction is nearly complete. But it will...
