Hey everyone, I am just planning out my next targets to buy in on for the crypto market. I believe we have completed 2 major correction patterns in the past year, and are completing our 3rd and last in the coming month(s) if you guide life by Elliott waves.
So I think we are in a combination correction here, and are definitely heading down from today to tag around $3,200...and possibly head lower if that breaks to the other 2 key fib levels highlighted on my chart here. That will complete this move anyway, and from there who knows at this point, the story is still being written every day!...isn't this fun :)
If you are new to crypto, with a fresh kitty to invest, then good timing!...My move from here is this:
Dont put anymore than 1/3rd in on this entire move OK. Break that 1/3rd into 3rds again and place them each on the 3 levels. Just like Pacman, if the chart eats up levels that is fantastic!...if it plumets than fantastic, we have cash for later lows!
Charts are slow, I trade on longterm 1 day charts, so act slow with it... There is no rush
So I think we are in a combination correction here, and are definitely heading down from today to tag around $3,200...and possibly head lower if that breaks to the other 2 key fib levels highlighted on my chart here. That will complete this move anyway, and from there who knows at this point, the story is still being written every day!...isn't this fun :)
If you are new to crypto, with a fresh kitty to invest, then good timing!...My move from here is this:
Dont put anymore than 1/3rd in on this entire move OK. Break that 1/3rd into 3rds again and place them each on the 3 levels. Just like Pacman, if the chart eats up levels that is fantastic!...if it plumets than fantastic, we have cash for later lows!
Charts are slow, I trade on longterm 1 day charts, so act slow with it... There is no rush