thomasvandenabeele

thomasvandenabeele Updated 

Textbook proportions: wave 3 = 3.618 times the length of wave 1, wave 4 = 1.618 times the length of wave 1. Now it's time for a correction, most likely ABC. The big question, once again is how deep will we retrace? I'm on the fence: VPVR seems to indicate 0.5 for BTSBTC which is definitely feasible given the bullish rumors. On the other hand VPVR for BTSUSD seems...

thomasvandenabeele Updated 

Clear 5-wave going up from june 24th to july 9th, but how deep will BTSBTC retrace? Will it be the black ABC to .5 which is wrapping up as we speak, or are we taking the red ABC down to 0.618, 0.786 or even 0.884? This one will be exciting to watch, as all of these levels have been significant pivots in BTSBTC's recent history... Argument for 0.5 retracement:...