A structure is to be expected, consideration is if it's bearish or bullish
if price breaks above immediately then we will soon get a different Elliot Wave count
Even with our motherchip (Bitcoin), the structure is present. 2020 bull run might be sooner rather than later coming much earlier than expected?
Further structure must come up first to surplus us with better projectiles.
Litecoin will 100% go low back to 49.6$ or 45.8$
has to go lower back to 7k or even 6k region. Now this affinity that is forming has a downside and upside; recent h&s was in an uptrend so it should be clear that the price appreciated because of its direction (ignoring the structure, h&s ). But on this current side ways, it is in a downhill, goes to show that it should continue going lower. Fortunately (for the...
ADA won't immediately get away from this zone, which apparently the case now, but of course price will decline and head straight down to the zone.
The correlation is great for another impeccable bull run. You can 100% long bitcoin now
Long position towards our 2nd stop is a choice and opportunity. And our symmetrical triangle that is within the uptrend is bullish in every way and structure from that initial uptrend, but further update shall uphold together with the actions lining.
Cardano might have broke its ascending triangle, but this won't bring cardano any higher from its current price. This ascending triangle just looks awful and a tumor hanging from the bigger triangle.