Update to our ABC count ive had a chart from a down but since we are starting C I figured its best to reorganize some things here
So we finished Our B but we about to enter a minor A going to B in our small scale of the C
Expect an area around 82.00 for a target these are using 1.618 and 0.382 ext points so if anything goes past basic levels expect prices to...
5 waves down here we are about to hit a possible 1.618 wave 3 that doesn't mean it cannot go past 1.618. If we see support here not a bad idea for a play for a possible 50-80% depending on how the wave 4 retrace we get .
long near 1.618 area sell longterm. wait for confirmations
The chart shows but, let's break it down. We have completed a 1-5 wave which has a completed a bigger cycle 1 and we are entering a ABC pattern to create our 2 cycle
Also before anything, this is not financial advice just my opinion feel free to share yours
LTC lets see we have a completed 5 waves with a possible ABC down pattern. Within our downward channel, we have failed to break out over 3x on the way down.
I started my short near 118-121 so if u enter her be worry of a breakout of the channel if our pattern becomes invalid.
Wan has shown nothing but negatives here I thought last week we could bounce. But now we are still on a down 5 on a 3 of that count.IMO if our 3 is a 1.618. 3s are not always to that extension but, if this holds here 700 could be very well in our future or this wave could be a deeper extension if it is this wave could is invalid as we would go negatives. longterm...
Btc still in our channel but, expect 5900 or 4850 expect if it truly falls to reach 4500 though but, our channel wants 4850 and our midline as a testing zone. We still are in our channel but, losing steam. expect the next 12 hours to be very sideways regardless and alts to heavy bleed.
happy trading never advice just insight
We have had extreme bullish...
ICX has been in an upward channel these past few weeks and with BTC breakout helped extend this move. As we broke down out of our channel and our fork tonight this is where we stand and our targets ahead.
Everything here is what I see. This is never financial advice trade wise.
Alk forming a nice bull flag possibility of the upside giving us over a 2>1 ratio only buy on the flag break target near our area 62. this move will run out of steam very soon regardless short term play only here never financial advice