Bulls may be able to enjoy some sun before the Storms Roll In
I haven't posted a bullish idea in a while and thought now would be the time. My primary count is still a Bearish ABC but I was re-qualify my count this morning and found something that changed my view.
But here is where things get a little sticky. If I'm changing my count from a WXYXZ (which to this point has been very profitable for me), then I have to take into account that ETH may have just come off of 830 in 5 waves which is very bearish overall.
This is what my overall count would look like.
Okay so what if this leading diagonal finishes like I have laid out above
That would be a bad deal for crypto.
Overall this is just a wait and see area, if I see bearish structure form then I'm shorting to 375, If I see a bullish formation then I'll look to enter short around 561 and long around 515 targeting 680.
Prosperous trading everyone,
As always these are just the ramblings of a mad man don't take it as advice.
But here is where things get a little sticky. If I'm changing my count from a WXYXZ (which to this point has been very profitable for me), then I have to take into account that ETH may have just come off of 830 in 5 waves which is very bearish overall.
This is what my overall count would look like.
Okay so what if this leading diagonal finishes like I have laid out above
Overall this is just a wait and see area, if I see bearish structure form then I'm shorting to 375, If I see a bullish formation then I'll look to enter short around 561 and long around 515 targeting 680.
Prosperous trading everyone,
As always these are just the ramblings of a mad man don't take it as advice.