I am just learning. With Elliott Waves we must break the B leg before we can call it a new wave. We never broke the 300 barrier and volume was fairly insubstantial. Not sure but I think we must retrace a bit more before a rush of buyers come in for the leg 1 of a new wave.
I am neutral for the time being. Nevertheless, I am going to take a trade near the 200 line because I believe we will retrace to near that level.
I am neutral for the time being. Nevertheless, I am going to take a trade near the 200 line because I believe we will retrace to near that level.
Nota
Looks like we are reaching the 0.0200BTC/per ETH mark after all. If we break 0.0200 to the downside we can see the price go as low as 0.0140 before a major rally as bears and hopefuls try to drive the value down to bargain prices. I wouldn't take a position until confirmation of trend change at 0.0200 level for longs. If it continues to downtrend past 0.0200 I will be taking a much larger position at 0.01400 (in that neighborhood).
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.