GTWCA-21 | Waiting For The Correction!

in #cryptocurrency6 years ago (edited)

Again, dearest friends.

It is Gandalf The White and this is my opinion on the actual crypto market - moreover btc and ada.

BTC

Btc is still in the cloud. Still waiting for the small correction - should initiate and respectively maybe even happen during the next two or three weeks (Let us say in this month, MayBE haha - maybe it does even this week, we will have to wait my dear friends). We have not been in the correction wave, last week. It looked like it but we already "know" that this was and is not the case, unfortunately. 1Btc: ~9,5k$ - again, did not really increase since last week; since two weeks quite the same. Still above the .618 mark.
Well, it still looks like we are in the third wave - simply waiting for this second wave of the whole third wave, so we are waiting for the correction wave (as I have written at the beginning of this article).
Again the Tradingview chart - XBT/USD, daily, Kraken - from last week:

And from today:
GTW.JPG
As I wrote in my last article, these photos do not differ that much except for the new candles and the adjusted lines.

o) Green Impulsive Elliott Wave Movement:

The first point (number one) is at the spot where no. 3 had been, no. 2 is at the spot from no. 4, so no. 3 went to 5's place and 4 got the next low and 5 has the highest spot, for now.

o) Turquoise Impuls. EWM.:

Was adjusted as well, the 1 changed to a higher spot (same spot as the green 5). 2 changed its place too.

We will have to wait and see what future brings.

ADA

In the cloud. Maybe it already is correcting right now, we will see. Cannot tell now. Worth: ~0,35$ - same as last time.

As always, if you want to know something, eg. about a specific coin or whatever, just ask. AND, keep calm and be patient, we have to wait for now. (;

Yours truly,
Gandalf The White

PS: Sorry for my bad Bengal.

I am not a financial advisor - everything here is for educational/informational purpose; only my own opinion. Always do your own research.

#gtw #gtwca #gandalfthewhite #cryptoanalysis
#cryptocurrencies #cryptos #alternativecoins #altcoins #alts #cryptomarket #market #analysis #cryptocurrencymarket #cryptocurrencymarketanalysis #steemit #money #blockchain #trading
#ada #cardano #buyoption

Sort:  

Agree on the part to keep calm and be patient! Thanks for the article bro!

Always be smart and do not do anything stupid. ;D Thx bro!
I really hope that the correction is happening right now. We will see.

Congratulations @gandalfthewhite! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Congratulations @gandalfthewhite! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on any badge to view your own Board of Honor on SteemitBoard.

To support your work, I also upvoted your post!
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63030.98
ETH 2594.62
USDT 1.00
SBD 2.74