Posted this idea on Twitter yesterday, you had all been warned. twitter.com/CryptoStratz/status/945673890688143360 This follows on from my previous trade where we predicted bottom of the first corrective wave. I've since adjusted that TA slightly to show the next moves down, which we clearly did not get in that first dump. The church of Core will crumble.
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Rising wedge support held. If it breaks up this idea is cancelled
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Confirmed
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Took profit. Unsatisfied with how this is going.
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Trend broke on multiple exchange. We are now in a larger symmetrical triangle that will decide direction.
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Next leg down begins.
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See latest trade idea. Swapped to bull a few nights ago.
There are three main rules that most standard Elliott Wave analysts adhere to today:
Elliott Wave (2) cannot retrace past the start of Elliott Wave (1)
Elliott Wave (3) cannot be the shortest wave in a completed 5 wave sequence
Elliott Wave (4) cannot retrace into Elliott Wave (1)
CryptoStrategies
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@TheCryptoLabs, Correct,I am familiar with these rules. The Impulse wave on my chart adheres to all of these.