If BTC drops to $4700 or even $3500, do you expect STEEM to hold $0.73, or on to the 61.8%?
Separate question: not sure if you ever use TradingView (I can see you have not here), but if you do, do you know how to get log fibs using the fib extension tool? Sorry to ask that type of question but I thought I would give it a try.
The next level in STEEM is 40 cents. But I can't get a clear setup there. Perhaps we'd have another B wave and then setup for that level. I don't know at the moment. That will lower the $15 target for i of three though.
Yes, I started on Tradingview. I collaborated with one of my subscribers on Elliott Wave Trader to create a log fib tool. I no longer use it since navigating to Motivewave, ($1500) but many of our members do use that tool still. I can't share it because I did 10% of the work so I don't own it and haven't seen that member for a long time, but we give it out to members on the site.
Thanks, I really appreciate the response to both questions. I have been following you a bit both through Seeking Alpha and Twitter, and I finally got around to searching for you on Steemit. Glad to see you here.
You can see me use it here:
Thanks. To be honest, the editorial team at Seeking Alpha really doesn't like my work (I didn't say that ;). I have had the latest articles rejected. Vacations and biz tripped challenged most of my time, but 2 articles have not gone through. I'm not sure I'll be there much.