Bitcoin Projections: Where are the Bulls at!?! How I'm Playing This Correction.
Hey traders!!
Corrections can be a bit tough. There's a reason they call it catching a falling knife, but this is how I plan to play out this correction.
We saw an obvious reaction/attempt at the .5 fib line from the algo's (trading robots) -- 50% is their favorite target. It's also mine because of that reason. BUT the elliot wave count for Wave C wasn't adding up right for a true rebound at the .5 fib, as such you can see in my video and tradingview chart that .618 is looking for ideal as the data keeps coming in to fill out our projections.
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As always, this is not financial advice. Just my perspective and how I'll be playing this correction.
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Nice post. Doesn't look like you are getting the votes you deserve though. You should check out steemengine.
Hello schyler!
Congratulations! This post has been randomly Resteemed! For a chance to get more of your content resteemed join the Steem Engine Team
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