Don't you just hate these slow drawn out days when Bitcoin seams to lay in bed all day?
One thing we can know for certain. Indecisive days like this make it easier to set aside our emotions and keep a clear mind going forward with the evidence we have at hand.
Typically by the end of the Elliott Wave Correction phase the final leg (C) closely represents the first (A) in it's height and breadth. Leg C will always fall below the reversal of leg A which is how the targets on this graph were derived. How much below Leg A it could fall is TBD. May be 2 points, may be 2000.
Maybe it will reverse the correction (come back to it at a later time) and print above 10.350! There's something I think we'd all like to see unless you're leveraged in a short position.
Not investment advice. Just my observations. Please hit the like button and add your comments.
One thing we can know for certain. Indecisive days like this make it easier to set aside our emotions and keep a clear mind going forward with the evidence we have at hand.
Typically by the end of the Elliott Wave Correction phase the final leg (C) closely represents the first (A) in it's height and breadth. Leg C will always fall below the reversal of leg A which is how the targets on this graph were derived. How much below Leg A it could fall is TBD. May be 2 points, may be 2000.
Maybe it will reverse the correction (come back to it at a later time) and print above 10.350! There's something I think we'd all like to see unless you're leveraged in a short position.
Not investment advice. Just my observations. Please hit the like button and add your comments.
