Welcome back!
Bitshares is a coin i recently made a Youtube video talking about why i felt like it was a good buy.
I wanted to update you guys to give you an idea of where were currently sitting in the market cycle.
Taking a look at the daily time frame we have two corrections taking place.
One bigger retrace accompanied by a smaller retrace inside of its market structure.
Both retraces are 5x5x3 corrections which are coming close to the terminal end.
It's possible prices dip lower(as indicated by blue line) Either way, were coming close to Wave One of One and a 100% retrace of that would invalidate the Elliott Waves entirely.
Overall, its a great time to catch the dip!
Want more updates? Subscribe to me on youtube!
Link is in my profile description.
God Bless,
Vajolleratzii
Bitshares is a coin i recently made a Youtube video talking about why i felt like it was a good buy.
I wanted to update you guys to give you an idea of where were currently sitting in the market cycle.
Taking a look at the daily time frame we have two corrections taking place.
One bigger retrace accompanied by a smaller retrace inside of its market structure.
Both retraces are 5x5x3 corrections which are coming close to the terminal end.
It's possible prices dip lower(as indicated by blue line) Either way, were coming close to Wave One of One and a 100% retrace of that would invalidate the Elliott Waves entirely.
Overall, its a great time to catch the dip!
Want more updates? Subscribe to me on youtube!
Link is in my profile description.
God Bless,
Vajolleratzii
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Bullish Divergence on MACD and RSI