ThommyTomka

ThommyTomka

The chart tells it all.

ThommyTomka Updated 

In case 1st move down was an A, B nicely retraced to 61.8% and probably already ended. Minimum condition for 2nd move down (wave C) is C = 0.618 x A. This means next target is at least about 1st downmoves low (0.618xA) and may even extent to 1xA, 1.236xA or even 1.618xA!

ThommyTomka

When will people realise, this is Crypto 3.0, not a blockchain and very possibly the future?

ThommyTomka

1st move down reached 50% retracement, move up since then looks corrective. 2nd move down made 61.8% of the 1st one, but since then bull power is missing. I expect the 2nd move down to continue, watch 61.8% and 76.4% retracements of the big upmove for reversal patterns.