The current preferred count of mine is a successful ABC correction since ATH. (see related post)
And that the bull swing from Dec is the start of a new impulse to the upside.
Price retraced to .786 level of recent bull swing as anticipated (btc has propensity to retrace.786 in first waves or recent corrections to the upside during moves down)
I loaded some alt coins last summer and got stopped out.
Now I am buying again with cash.
A break of low will invalidate count.
I expect price interactions at the labelled lines.
These are significant levels based on fibonacci confluence
And that the bull swing from Dec is the start of a new impulse to the upside.
Price retraced to .786 level of recent bull swing as anticipated (btc has propensity to retrace.786 in first waves or recent corrections to the upside during moves down)
I loaded some alt coins last summer and got stopped out.
Now I am buying again with cash.
A break of low will invalidate count.
I expect price interactions at the labelled lines.
These are significant levels based on fibonacci confluence
Comment:
current price 3595
3682 is not taken out no long.
3470 break we wait for 3220
3220 break we cry
3682 is not taken out no long.
3470 break we wait for 3220
3220 break we cry
Comment:
price action does not reflect impulse.
shed long
shed long
we can long above 3682