SUMMARY
Given how methodical and incremental and systematic this very healthy correction across the Cryptosphere has been; a crash scenario would take immense amount of firepower reload from the sellers as since early in 2018; they've spent much of their ammo!
The below chart shows the subwaves of what could be a potential wave 5 of C corrective wave. IF this is correct, then a downside target of around $682 is likely. Could it go lower? Yes, but I believe much of the seller ammunition is spent!
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
BCH has been much more reliable than BTC as far as making transactions. I'd like to see it overtake BTC and move into the lead.
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you're a fucking cunt bernie
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you're a fucking cunt bernie
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Wow!! this comment made me laugh. I didn't expect someone to outright say this~
Oh, well...
It's sad to see battles like these in this community.
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