Originally posted by Jog On
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Think I agree with you. MY chart has a retracement back to about 9000 as wave 4 of the current impulse. If it only hits 9500 then that's a very bullish move and I'll be very pleased with it but the wave 2 was a pretty bullish retracement so I have to go for the bearish retracement here. I still stand by 10800 to 11200 for the wave 5 target though. The only issue I have with that is that it puts wave 1 and 3 of the higher level count at very very similar lengths and I don't like that muchYour friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever. -
As long as wave 3 isn't the shortest it's a valid count.Originally posted by VirtualMonkey View PostThink I agree with you. MY chart has a retracement back to about 9000 as wave 4 of the current impulse. If it only hits 9500 then that's a very bullish move and I'll be very pleased with it but the wave 2 was a pretty bullish retracement so I have to go for the bearish retracement here. I still stand by 10800 to 11200 for the wave 5 target though. The only issue I have with that is that it puts wave 1 and 3 of the higher level count at very very similar lengths and I don't like that much"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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It's just (really close) longer than 1 if my count is correctOriginally posted by Jog On View PostAs long as wave 3 isn't the shortest it's a valid count.
and the wave 5 target should then hit just under 13k i reckonLast edited by VirtualMonkey; 16 February 2018, 11:08.Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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Seem to be forming into a downward wedge with the apex just above the 9500 support zone. Here's hoping for a bullish retracement to complete and the a quick jump to 13000Originally posted by VirtualMonkey View PostThink I agree with you. MY chart has a retracement back to about 9000 as wave 4 of the current impulse. If it only hits 9500 then that's a very bullish move and I'll be very pleased with it but the wave 2 was a pretty bullish retracement so I have to go for the bearish retracement here. I still stand by 10800 to 11200 for the wave 5 target though. The only issue I have with that is that it puts wave 1 and 3 of the higher level count at very very similar lengths and I don't like that much
Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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This aligns with the upper trend line of the corrective channel as well. Ideally it will break it and moon - but, could well not.Originally posted by VirtualMonkey View PostIt's just (really close) longer than 1 if my count is correct
and the wave 5 target should then hit just under 13k i reckon"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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OMGBTC looking good. Possibly 0.0018 before it retraces back to 0.0017Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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Just bought this one - now got 24 different coins...Originally posted by VirtualMonkey View PostOMGBTC looking good. Possibly 0.0018 before it retraces back to 0.0017"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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I wish I had that money to spreadOriginally posted by Jog On View PostJust bought this one - now got 24 different coins...
In Scooter we trust
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Very small positions in some of themOriginally posted by The Spartan View PostI wish I had that money to spread
"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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about the same for me. mostly way down still but recovering slowly. still only at 75% of ath btc value but plenty of room to runOriginally posted by Jog On View PostJust bought this one - now got 24 different coins...Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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