jjaafx

jjaafx

I've re-charted now based on how the current crisis is playing out. I previously had the bottom as in but given the current crisis that Ukraine and the world economy is facing, I can't see a route past the 46k (which is not far from being invalidated). Short is the only route I'll be taking here until 32k or lower is in again. Wave 1 of wave 5 down has just...

jjaafx

The bottom is in. The most common Elliot Waves correction with A = C 100% has now happened on the 1 day / 1 week timescale. The market has now accepted this and the advanced traders will be pushing their money back into crypto with short stop losses being picked up along the way.

jjaafx

A down in A waves

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XLM

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tron

jjaafx

Waves