Potential EW count.
Kommentar:
Depending on bitcoin could get a larger correction for wave 4 like this before really taking off, but could also just go parabolic:
Kommentar:
Kommentar:
Looking good!
Kommentar:
If we zoom into the 4h chart...looks like the start of a new impulsive move up. First small wave up, then a nice flat correction for wave 2:
Kommentar:
Sorry for the messy chats guys :) u know i'm not about presentation : )
Kommentar:
Kommentar:
A-B-C turned into an A-B-C-D-E triangle due to the tether news taking the crypto market out of wack, abcde triangles are very common for wave 4s. Hidden bullish divergence on RSI and Stoch RSI:
Kommentar:
Hi all, still bullish as ever on XMR...(feel free to check out my short term chart as well that I recently published)...anyway was thinking about this count. Here's the thing, the drop down violated the trading territory of what I had initially labeled as wave 1. This tells me my count is very possibly wrong (wave 3 shoudl not trade below the top of wave 1)...given this, I am lead to believe this actually just a big 1 and a 2. This also would fit in more with my bitcoin count.
Kommentar:
Kommentar:
Kommentar:
Hmm, or maybe I was right about it being a wave 4, but of a bigger wave set like this...this would fit within the rules.
