RE: Quick BTC update 27.06.2019

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Quick BTC update 27.06.2019

in palnet •  5 years ago  (edited)

that would be fairly quick a correction if this was really over by tomorrow as you seem to project it on your 5' chart.

But deep inside, I can't but agree with these counts... looking at all those oversold Alt/BTC ratios, looking at all these red double digits in USD pairs (4h charts sometimes), I'm confident this won't last long....

And since wave 2 had a 0.786 retracement, by the rule of alternation I expect wave 4 to be short lived. We'll see! Those who got cash won't care ^^

And yes, I can imagine what's happening after this correction... and so do you :D who knows, your green wave 5 could be crazy expanded by fomo, and I for one believe that on this particular one, alt coins will synchronize on the rise.

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Could also be bigger wave A of 2 already. We have to wait and see if an impulse wave follows, or a wave B up follows...