Hi guys,
The possibility is growing by the hour that my alternative count will be the correct one. I really fucking hate this setup because we can easily swing back higher.
As you can see, we broke the trendline again today. A break below 12800 will confirm the alternate count.
Target zone: $6750 - $8800. But ONLY if we break 12800...
Hope
There is still some hope for the Bitcoin/crypto bulls (I'm one of those).
When I zoom in, I can see a 1-2 setup with positive divergence... Wave 2 usually retraces towards the 78.6% or 85.4% Fibonacci. Could this be the start of something beautifull?
Wait & See, or is that HODL & See 😉
Haha indeed but I'm trying to use my experience from the stockmarket into trading crypto. (Besides HODL;) )
It's basically the same... markets = emotion