THEORY: It looks like a pennant is forming for an upcoming change. - I am holding on to my coins for now (LONG) as I just got in during the last DIP to 3620. DLavrov indicated a change to a BEARish trend in his chart update so I tried to translate how I see his analysis with my own chart for the shorter term. This is my best guess what may happen soon.
First of all.... I am new to trading of any kind as of JUNE, so I am still learning. (1) - Theory 1: The ELLIOT WAVE has passed 1,2,3,4,5 and we are currently in the middle of A,B (End of B ?) before the plunge of direction C. -OR- (2) - Theory 2: There is a possibility we could be setting up for a brand new wave and we are seeing 1,2 (Like the beginning of my...
I am new to trading of any kind as of JUNE, so I am still learning. (1) - Theory 1: The ELLIOT WAVE has passed 1,2,3,4,5 and we are currently in the middle of A,B (End of B ?) before the plunge of direction C. -OR- (2) - Theory 2: There is a possibility we could be setting up for a brand new wave and we are seeing 1,2 (Like the beginning of my first ELLIOT...