Hello everyone
There many alternative for this correction pattern and according to Mr. Prechter (Elliott wave Principle Text Book), correction patterns will be clear just when they finish.
As I said in the last BTC idea update, I think the correction in BEING extended to make us disappointed and tired and for this reason Ending Diagonal can be good pattern for this strategy but let it go down.
Honestly, I am soooo happy to see deeper corrections because I can buy in better prices.
I guess we wont see these prices in the market anymore.
Thanks
There many alternative for this correction pattern and according to Mr. Prechter (Elliott wave Principle Text Book), correction patterns will be clear just when they finish.
As I said in the last BTC idea update, I think the correction in BEING extended to make us disappointed and tired and for this reason Ending Diagonal can be good pattern for this strategy but let it go down.
Honestly, I am soooo happy to see deeper corrections because I can buy in better prices.
I guess we wont see these prices in the market anymore.
Thanks
Comment:
Some of the Altcoins in my watchlist are reversing. You think that it is a liquidity shift from BTC to them or it is not a reversing movement and they will correct deeper levels???????
Trade active:
Our estimation and prediction is valid and it is following what we expected.
AMA