update: closed my longs again, because if BTC makes a new low, I need to adjust my count to an extending wave 5 of 3 green... meaning more downside in wave 3 green...
update: closed my longs again, because if BTC makes a new low, I need to adjust my count to an extending wave 5 of 3 green... meaning more downside in wave 3 green...
Would be interesting to have an update when you are able to adjust it. Thank you
If you see a new low in BTC today, i will post an update in the comments here.
uh for me we had it at 3490$ at bitfinex 40 minutes ago
the question right now is, if this was the low of wave 3 green or not.
We won't know for sure until later. Are you trading too, or what are you planning to do?
I'm inside currently and I took a long at that deep this is why I'm kinda interested about your analysis
To be complete : long at 3500$ for the reversal
15mins looking good for that. There was a volume spike again and the candles look bullish. Maximum downturn I expect for green 3 is 3370, but this could already have been the low. Watch this correction right now. If there is no new low your position is quite safe.
Thank you for your analysis. We have the same opinion, let see what the future will give. ;)