The commonality of the abc (red) and the sub waves of a is not an accident. The wave of BEAR market is getting deeper. In this case, a and b of the abc is complete and now wave c is completing. The c sub waves i,ii,iii and iv are set and v has started it decline.
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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.
Looks like I'm holding my Monero for a while.
Unfortunately missed the last top at 149$ now it is hodl time :)
Wow since I am learning I am trying to do EW counts myself and I had misplaced i and ii. I had started with i on the dip between ii and iii and it had been invalidated by iv overlapping with i. So I was lost and thought maybe we were starting the 5th wave.
Thank you for the update.
Just one important question to help me understand: how do you know that Wave c is not complete and that we are not starting Wave 5?