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RE: Bitcoin - Possible ABC Correction?
There are many possibilities and discernments, maybe we are just wrong, we try to anticipate next step and decision taking, that's all...
Trust in yourself, at least you are interested on learning about so, be confident.
What your and mine studies show is that it would be a very interesting opportunity to buy (or maybe not) so, place your partial buying orders according to each level, i.e. 20% at 10K, 25% at 9.5K , 30% at 9K and, why not, 50% or so at 8K ;-)... something like that, if we are wrong, perfect, if we reach some of the levels, perfect as well!!!
Yep! We can easily be reading it wrong. Even being close to right can be lucrative though. :-)
I love that method of buying on the way down! Unless it was an actual crash off course (which it probably isn't).
We'll see where it goes! I made an updated post today showing that my bounce for the target was wrong, so where I think the bottom might be probably is too haha!