I haven't posted in a while. Badly under the weather after my trip to Korea. But here's a BTC update. We count the bottom as an A wave. clearly three waves. If we are stopped in a three wave rally in the $2400 - $2500 we'll count that a B wave top and look at $1500 as our next key zone.
A reference on how I trade: https://steemit.com/cryptocurrency/@wildtrader/how-i-trade-cryptos-using-elliot-wave-theory
Disclaimer:
Trading crytpos is like swimming with sharks. These are unregulated markets. While I'm providing some analysis, the risk is all yours. You can get hacked, raided, and scalped. These markets can be thin and predators lurk. Do not put any money in cryptos than you can afford to lose. Always use two factor authentication on your accounts. And, regularly take profits out and trade something else
ETH: 0x214100463968649031A9D6E6A6C5B9aDdE540e29
BTC: 14Y4V2hFUKzQZe3rVJ8cTphv583FiRvgqS
Hope you are feeling better! Thanks for helping me recognize the three wave structure. I saw the first 5 waves up then 3 back, and got bullish, but there are corrective waves with the pattern of 5-3-5.
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No problem....We are at the top now, IMO. I am short with a stop at $2700
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