BITSTAMP wave 5

21 gen 2018

this is how i see wave 5 unfolding in the coming days. i think within next 4 days we retest the all time high

wave circle iii seems to be extending. please note the overlapping which is hinting at extension

21 gen 2018

Nota

people seem to think this is unbelievable or some crazy idea. once a correction ends a resumption of previous trend continues. in our case, wave 5 is my count going forward. that was the missing wave i've been waiting for

as an example of similar price action, please take a look at jul 16, 2017. that was the end of a 31 day correction (wave 4). at the time, it took 4 days only to retest the high

we've had a 31 day correction (same as above!) and 4 days into wave 5 so far. when wave iii kicks in you will know it! an extended iii is often 2.618 of wave 1... that puts us near 19K. this is normal market activity. i don't see anything unusual