Eloquent

btc 8\24 update

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KUCOIN:BTCUSDT   Bitcoin / Tether
figured it out. it's a simple zig-zag correction.

fib channels line up nicely, and we just completed 5 waves down into wave (A)

wave 3 saw an extension which caught me off-guard, but it resolved itself nicely at the end there.

currently working on the mean-retracement into wave B

before a move down into wave C to about 48k

down there i'll be a bigger buyer.

will work on figuring out the upside target when the time comes, for now let's let this play out and take it from 48k.
Ordine annullato:
we hit the target, but my indicators don't line up for a move up right now.

not buying this.

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