This could come into play since we are due for a bounce, but im not putting to my weight into it as of yet. Just pointing it out.
If it does end up retracing to the upside, the 61.8%-50% would be a perfect height for the right shoulder
If it does end up retracing to the upside, the 61.8%-50% would be a perfect height for the right shoulder
Comment:
Full disclosure I am bias to the downside and have been short since 225 and added aggressively on the way down. I have taken some profits but still I am aiming for high teens/ low 20's. Once btc.d flips (which i'm sure it will soon) all altcoins will get murdered.