I managed to ride the #Bullish #Wave, but only half way.
Even though knew it was gonna' create a new #ATH, I got paper hands and cashed in at the 1.5 USD Mark.
That's because I was expecting back then a bigger #Correction, which was short-lived.
I was left holding the bag... anyway I'm OK with it,
A last push in the 5th of 5th Wave, to finalize the #Impulse.
This is because
- #ElliottWave #Impulse in Intermediate (C) (white)
- 5th Wave Completion
- #ATH #Break-Out
- Nov '17 / Jan '18 Fractal
My
- Entry @ 3 USD
- SL @ 2.3 USD
- TP @ 5 USD (it can go higher)
What About After This?
Honestly, I am not keen on
Why? Because it simply does not have a #Bullish / #Impulsive Structure.
It's full of #Corrective features, which makes it a Larger Degree B Wave.
Conclusion: A considerable #Retracement right after, similar to the one in '18.
This could be because Bitcoin Dominance (
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.