ABC Corrective Wave Complete - Targets are .19 .27 and .40

25 thg 8, 2021

Hey traders,

I think the correction is over and we can begin to put in our wave 3. We had a nice ABC correction which tagged several corrective fibs and was beautiful to actually chart. I think we'll head up higher from here, I see wave 3 topping out realistically at .27 but it could go shallow at .19 or as high as .40 based on the fib extension. These are just my thoughts and I am not a financial adviser, please do your own research when trading cryptocurrencies.

Good luck and Cheers!

27 thg 8, 2021

Giao dịch đang hoạt động

I didn't see a ton of stop losses triggered by the dip below .10, we have some strong hands hodling ACH, I think we push up to test .14 at the very minimum, I would like to see some volume step in here and if we get an impulse, I would expect the top to come in around .17 (1.618) or .21 (2.618) for this next leg up. If we are still in a complex correction though, we may see a peak near or just above the previous high around .14 then head down to set a lower low around .052. This is how I'll be playing the market.