BTS nicely completed the abc (red) three wave retrace and screamed up towhere it is now in five waves (i,ii,iii,iv,v). So while a small correction is expected, the Head and Shoulders Bottome is also prominent as labeled with LS, H, RS. The minimum price rise is $0.1915....not too shabby!
So, what kind of an entry should one make? LADDER the buys, aka; scale in your entries. How often have you bought all coins in a single buy only to see prices fall lower and lower? Laddering helps to manage and prevent these types of buyer's remorse.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Ladder up and take the FOMO away!
Of course any of these alt coins destinations are tied to what BTC will be doing right?
If BTC big correction comes in all will be down regardless of their waves.
Let me know if I am wrong @haejin
That's the caveat, the Bitcoin Bear.
Actually that may not be always correct. This was almost a market crash. When China announced ban on ICOs. You should have seen it. A lot of sell offs happened. Things were going down like crazy. Than it took a few days for it to adjust. I think we will see new highs for coins that were on their way up.
Yes, that could be possible, hence, the bullish charts I'm running into.
I like your analysis style. I'll follow you.
Thank you much!
I wish you MASSIVE profits.