first move looking for shorts. Confluence at the 0.618 // 200 MA // and Renko seem like most logical places to enter.
just clout chasing, because we're not allowed to have nice things.
X's are usually more sideways so that's my biggest caveat with this count but w/e think IOTA A bounces here for a bit of a recovery. Will be great for the USD pair BTC pair took a pounding against BTC's rise so at best this just brings us back up a bit to where we started off.
While I had originally thought IOTA was done correcting and ready to go, I think we still got some sideways accumulation to go. Current view on IOTA is as illustrated. Making a Sideways flat - this is probably the B or X wave of a larger move.
Hanging out near support, but I'd bet on one more slight leg down before this correction is over with.
Just looking at different counts. Feeling this one. Not scaled to time.
XRP USD been lagging largely because XRPBTC is utter shit. But if we get event a decent bounce there I think we should being to see this. I'd figure this 5 count is more or less the 1 of 5 of bigger C but I'll play it step by step.
Greed is so destructive. we all want moon, we all want lambo... but what we all get is pain... Lots of reasons to be bullish on eth right now, I'm not saying i'm not.. but I'm down to see this move right here... see everyone 100x long get circumcised. I'm not shorting this play, i'm just longing if we get there... likelihood is low right now, but i'm still...
Probably unlikely we get this back down but if we get this range lets go get it.