Update to previous anlysis, looking for minor Retrace. Still looks like a 12345 impulse turning to ABC correction. Wave A looks well formed, B looks typical, time for wave C?
3600 not on the cards? I would love to take profit there lol
EuroMotif
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@Calaxe, hehe, cant rule out 3600 by any means.
But lets see if a pullback structure builds, which will give better clues...
UnknownUnicorn3511625
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Crypto-Coin-Trader
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I think too, that we will see at least one more correction in this accumulation zone (bottom is in, in my opinion).
Here my chart from sept.´18, what do you think about it (long term view):
buff0n
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Do you think we can expect a deeper retracement to 0.618-0.65?
EuroMotif
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@s65amg, Very possible.
Lets see how the retrace develops, to gauge momentum.
After such a long climb, it would make sense for a deeper retracement....