Very harmoniously, the low was reached at $ 7,540. So my correction wave a is almost identical to the wave c. Only about $ 150 is the difference. With this correction low at $ 7,540, new highs are on the agenda. First stopover is $ 34,636. This should be achieved in several stages. Converted from the low, this is a 4.5-factor. Of $ 9,288 it is still a factor of 3.7.
ความคิดเห็น
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ความคิดเห็น
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UNDER 7,540 $ we can go to 76,4% of my red wave 3 to 6,967 $. That's the next possible turning Point.
I think one more dip back down to about 7500 again; wave 5 of C; but I guess we will know in the next 48 hours; and that should be hopefully the bottom; tired to see the red all the time and not ready to play with shorts
@StefanBode, i think it will go down again; I see your bottom c as end of wave3; i think it just now completed 4 and will now head down on wave 5; my trndline of the triangle crosses at about 7700; hopefully it bounces off and then heads out of the triangle
@volkergu, 76,4% of my red wave 3 is 6,967 $. That's the possible turning Point.
volkergu
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@StefanBode, at the moment I am not sure what is happening; I thought it bottomed out at the blue trendline as it went like crazy up and the volume spiked; still think the blue line i a serious support line; but the RSI is not matching or I am missing something
volkergu
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@volkergu, I guess the differentiates the novice from the master; I should have dug into the missmatch of RSI and the idea; hindsight is 20/20; but on the positive side, a great learning experience