This is to piggy back off last nights post, but could we be ending a possible 2nd wave and heading into a 3rd wave (which is usually the longest), if so it would likely make a 1:1 fib extension to around the 45-48 satoshi mark (potentially surpass it since wave 3 tends to be the longest but is not a given it would even reach it). I counted 5 waves up forming a bigger wave 1 and 3 waves down with the C wave still developing potentially somewhere near the 17-18 satoshi range which would form a wave 2. We are hovering between the .5 and .618 fib retracement marks which is highlighted in the post and if the .618 range holds (20-22) satoshis then we could see a 1:1 extension, if it breaks the .618 fib retracement we could see it test and bounce off the .786 range (17-18 satoshi) which will conclude the ABC correction and conclude wave 2 and start a wave 3. A move up is also volume dependent. We have been in or around the top 10 for 24 hour daily volume on Binance for a while now.
****Note: I indicated this is a long potential but I am not a financial adviser nor do i provide any financial advise. This is a potential learning opportunity for me and you. Trade and invest at YOUR own risk.
****Note: I indicated this is a long potential but I am not a financial adviser nor do i provide any financial advise. This is a potential learning opportunity for me and you. Trade and invest at YOUR own risk.