Yesterday Nov 3:
RSI oversold aligned with reversal zone, elliot wave correction wave 4 completion & bullish bat target gave us the signal to enter in correction zone.
Today:
- Fibonacci Extension level 1.618 aligns w/ Elliot wave 5 next leg up target $2 USD
Notes:
- wait for local high to be broken for entry to ride to $2 USD
- watch out for RSI to dip down
-...
Groestlcoin just made the correction wave 4.
We hit bottom at 0,618% fibonacci around 0,55. This is also the top of wave 1.
According to fibonacci wave 5 will reach 4,2 which is around 2$.
