Sooo this seems to be the best structure for form and fit with related fib targest, keeping my stops to a bit above break even since 4 can go down to the top of wave 1 and there could be algo shakeouts, the reward is if we're right we're going to test the ATH maybe even smashing it to 6000 before another scary correction. Now is probably the time to stock up on alts because they might start to run since they tend to lag behind btc. Once we hit 5 they are gonna start running. Some might retest ATH or even pump through them, mebe neo is in a wave 1??. My theory is the alts are in a WXY correction of some sort. The W for a lot are done so the X is coming and they're gonna be explosive when money returns to the market if we do get this extended wave 5 for bitcoin.
My personal picks are monaco, tenx, civic, and NEO as you might have seen on my posts lol.
My personal picks are monaco, tenx, civic, and NEO as you might have seen on my posts lol.
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The alts are getting wrecked, hope we get a bounce -_- here I have a revision of the current structure and possible targets
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5 can still go higher the structure is yet to complete seting stops bellow 4750
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profit target between 4900 and 5000
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watch for a btc correction, It may also be done
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I think a re-entry zone is 4700 and 4500 for btc
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I've set up my buy and sell ladders. My position size is the same
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I mean Buy ladders
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My stops are now at break even
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My comment made on october 10 is still viable , so watch for a major correction to 4600, not sure just yet whether or not the one mjade 4 hrs ago or the one made on OCT 10 is correct we have to see
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WOWOWOW wave 5 I was not ready for that I thought we would correct a bit more WTF
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Nope I think this is a clean ass parabolic wave 5, My stops are at 5200 atm
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I got stopped out
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