RE: Market update.

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Market update.

in cryptocurrency •  7 years ago 

I figure 10k was end of wave 1 and we are in wave 2 now. im thinkin 8200-7800 should be support, but wont be surprised if it goes lower. thanks for the update!

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  ·  7 years ago (edited)

Yes, it could be counted as you say. But I prefer to see the last move down as wave E instead of 2 because of its internal structure and its last very violent leg. Also my count can accommodate going lower than 7800

oh gotcha, yea could be that too. we'll see how it goes!