Wave 5 seems to have started. We broken out of the ABCDE pattern and forming a cup and handle. Once again, a very common pattern formation in this market. What are your thoughts?
@AbdorhmanThi What are your thoughts of it now? As the bitcoin starts to rise, the value of this coin falls down. Is there still time for uptrend or its too late? Thanks for any suggestions!
rahul29tech
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@AbdorhmanThi - Its falling , should we hold or sell, whats your graph prediction at this time?
AbdorhmanThi
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@rahul29tech, No. It's the holiday, not much movement on holidays. It will resume once holidays are over. We are above the uptrend still so nothing to worry about. I did take some profits at 140 and have some up at 160. Looking to add more at 110. 220 is still my min target.
rahul29tech
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@AbdorhmanThi, Thanks for the prediction and guideance :)
Romeoneo
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Well, as i said earlier DGB trading is going the same route... My count shows that we are in subwave 5 of Wave 3 which might top at around 260 sat level. The last Wave 5 could top out at 390 level as you mentioned in your previous analysis, but around 330 level would be my safest bet. Happy trading! :)