EOS/BTC - Channelling for another leg up.
looks like we're in a channel.
speaking of channels, go ahead and type that link from the chart into your search bar on a new tab. come join me and thank me later.
so now, were channelling and it looks impulsive **UNLESS** we break down from this channel. watch that channel carefully. this whole thing could be a ABC move up and a new low incoming. so it all depends on if we break down now or go up now.
you see those 2 red lines? thats resistance. so if you're thinking of longing around there. Dont.
see that green box? thats fib retracements. its also support areas. so I think well hit inside there and continue up after these 5 waves.
Thanks.
Goodluck and join my channel!
speaking of channels, go ahead and type that link from the chart into your search bar on a new tab. come join me and thank me later.
so now, were channelling and it looks impulsive **UNLESS** we break down from this channel. watch that channel carefully. this whole thing could be a ABC move up and a new low incoming. so it all depends on if we break down now or go up now.
you see those 2 red lines? thats resistance. so if you're thinking of longing around there. Dont.
see that green box? thats fib retracements. its also support areas. so I think well hit inside there and continue up after these 5 waves.
Thanks.
Goodluck and join my channel!
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