Much like ETH, we've had a breach of the most recent wave-1 high. By strict Elliott
rules this count is in validated. For some traders that's a clear signal to be out. Here's what I see; no acceleration to the down side fueled by stop volume
. Looking at the last series of pivots
they've all been very technical. We've just stabbed right between a 61.8 retracement and the 1.618 alternative price projections from the a-b-c. And a look left shows good support around this 34 level. Stop can stay around 31.50 and you've got a 10-to-1 risk reward... Do I need to keep typing? Go get some...