BITCOIN (BTC) Update: Wave v down
We have clearly finished waves i,ii,iii and iv of a (red) of the abc correction. So, prices are now declining to put in what looks to be wav v. After wave v, the b (red) wave shall give a good bounce. IMHO (In My Humble Opinion), sell into the bounces.
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BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
So, at the bottom of wave v ($3800) ,is a good time to BUY, AND SELL at b ($4200)or TOTALLY wait til c is done at ($2600). I have nothing in cryptos at this time to SELL.
You can but I'm staying put.
I studied the charts and I say back the truck when it hits 4000. The support is there. If it dips below, no biggie.. Ride it for a while..... This pull back is not a surprise. I just cashed out at 930 am today at the top of the little resistance. Not touching this until 4000. Again I could be wrong....
Please consider this:
https://steemit.com/bitcoin/@haejin/my-response-to-jamesbrown-an-ew-counter-s-response-to-seasoned-chartist-s-blog#@pfa/re-haejin-my-response-to-jamesbrown-an-ew-counter-s-response-to-seasoned-chartist-s-blog-20170904t192401727z
@haejin, forming thisthe double bottom (which is bullish) would suggest upwards movement to red b lvl before going to wave c?
same pattern with LTC, ETH, ETC, ... even BCH sets double bottom. Seems they all folow BTC at this point
can't type any letters in analysis tool, so indicated I-V with circels