Amazingly, it's "almost" always there. You just have to keep looking for it. The one thing I can promise you, is that this low is not random. In fact this structure is a very strong block from which to build. The probability of this low holding now increases. And for all you Utra-Bulls, the depth of this correction implies that this is a larger degree Wave-2. That should get you just a little bit moist. Do a 1.618 price projection on that! Do even a 100% of wave 1, assuming that's what we've got, and, well... if this count holds... we're just getting started. As for a trade, I'm now waiting for the 1st pull back on the 1 hour. See ya there..?
코멘트
JohnBL66
⋅
I have a dermatology exam tomorrow and all I can do is look at these charts. Bitcoin sure picked the day to start tumbling around lol.
tradedevil
⋅
@JohnBL66, Always another trade coming. A strong trend gives you many, many chances to get on board... But I do know how you feel ;)
lakmus
⋅
1850?
tradedevil
⋅
@lakmus, A definite possibility. That would break this channel but make for a very nice double bottom... And that swing high to the left is certainly interesting. If we break $1,855 though... we invalidate the wave count and that would require some time to see what shapes up next...