I have been doing my best to learn TA in the crypto currency market. I realize that for the most part there is a lot of market psychology and speculation that drives the prices of crypto, but I have always been fascinated with Fibonacci, and now Waves!
I drew the first 5 waves up to the peak of AirSwap, as well as the bottom of the correction. I believe the first wave has already came and went, and I expect the bottom of wave 2 has already been reached. With this in mind, would it be reasonable to suspect we are on the way to wave 3?
This is my very first that I have actually put money into, and I would like to see where it goes. I didn't get the perfect bottom of wave 2, which looked to be around 7800 Satoshis. My purchase price was around 8600 sats .
If you are an analyst or just love charts, please give me your thoughts!