This came up today in my constant search for crypto understanding, and I decided to put it out there as an update to my (and others) recent wave counts.
Credit to Philakone for this notion.
I can go with this, mostly because of the sluggishness of what I was counting as a Wave 3.
It just seemed a bit lackluster for a Wave 3, and particularly for what should now be in a subwave 3 of WAVE THREE.
They generally rocket launch with speed, verticalness, and length. Not seeing this happening here.
Also, what I had previously counted as a Wave 2 (now Wave 4) makes more sense as a Wave 4,
rather than what appeared to be a fairly short Wave 2.
It could still work as I had it (refer to my previous chart if you need) but this actually makes more sense.
For the WAVE THREE target, I decided to let it punch through the old All Time High, rather than be resisted there.
It MAY be resisted there for a bit... but I'm counting on Bull excitement to push it through to a new all time high.
Time will tell!
Good luck traders! Wishing you all the best in 2018 and beyond.
Credit to Philakone for this notion.
I can go with this, mostly because of the sluggishness of what I was counting as a Wave 3.
It just seemed a bit lackluster for a Wave 3, and particularly for what should now be in a subwave 3 of WAVE THREE.
They generally rocket launch with speed, verticalness, and length. Not seeing this happening here.
Also, what I had previously counted as a Wave 2 (now Wave 4) makes more sense as a Wave 4,
rather than what appeared to be a fairly short Wave 2.
It could still work as I had it (refer to my previous chart if you need) but this actually makes more sense.
For the WAVE THREE target, I decided to let it punch through the old All Time High, rather than be resisted there.
It MAY be resisted there for a bit... but I'm counting on Bull excitement to push it through to a new all time high.
Time will tell!
Good luck traders! Wishing you all the best in 2018 and beyond.
ความคิดเห็น:
My fibs got totally wonked out when I updated this chart. They are not in their correct places. Sorry about that. Live and learn!
Just sayin'.
Shorters rejoice! That will be approximately a 3.5k correction.
Question. Does a bear short in the woods, and does anybody hear it?