The iSHS pattern is working as expected. The waves look bullish, no sign of a corrective movement. This is good news, if you want to see 30k BTC and a growing price of STEEM in the next months.
White wave 3 could be done already, I think this small correction is going to be white wave 4. It could also be green wave 4 in a more bullish scenario, but we won't know for sure until later.
There is not much more to be said today... Stay tuned...
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
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Have a nice day :-)
Yippie, finally moving back up 😅😇 Ein Aufwärtstrend macht doch allen Crypto-Enthusiasten jede Menge Spaß!! Ich bin gespannt wie sich der Markt entwickeln wird.
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Things are looking up strap in and hold on for the ride.
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Good work,good post.
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Can wave 3 become more than 5-6 times of wave 1??? talking about green.. please correct me if I am mistaken
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Yes it can. No problem or violating any rule.
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than i think we r in still process of 3
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Hello EW, great news, however I'm seeing lots of TA bringing BTC to a new lower low upon reaching 12k...what's your thoughts on that? Tks
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possible, but not very likely.
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I see the meeting with the parallel channel somewhere very close to 12 500:
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Yes. Somewhere in this region we will see a big drop which will either be wave 2 or wave E. You seem to expect wave 2 as well.
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Awesome post! I invite you to visit our blog and vote us back! And of course to enjoy our content :)
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