ETC.usd Bounced EXACTLY from support plot, now Topped Again?

Part of my ongoing analysis of ETC movments (see links below).

From the last Trade Call, we got perfect entry and nice profits.
Profits have been taken off the table and now look for rebuy opps.
Price is currently at a "Decision" zone, could easily go either way.

We all knew a significant retrace had to happen, now it is here.
Many coins including the Big Three are/were near wave EndPoints.
Now expecting a market wide "ABC" correction with ETC leading.

$ 12.08-12.18 is the "Decision Zone", might linger there
$ 11.19-11.27 is first Support, if held we go higher without abc.
$10.52-10.64 should cause a Strong bounce, perhaps even end retrace.

Below that are various fallback supports, I like the one around $9.25.


See my Previous ETC Analysis: (click)
$8.00 Retrace Entry
$5.40 Rocket Launch
$5.00 Long Entry
$4.00 Launch Prep

I also plot Forex and Stocks, take a look at my TV Profile Page.

Commento:

Kinda Sorta on track

Looking like the "Blue Pill" thus far

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Zoom IN (5 min) and looking at EW structure, I am not so sure that "wave A" is done yet.

wave A should have 5 pieces, and the above path is quite plausibe.
But gotta admit that bounce looks pretty strong.

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Zoom OUT (15 min) assuming the above 12345 is valid, then the ABC could play out like this

Roughly the same targets as originally imagined,
but perhaps an added bull trap
with that wave B coming late....

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SUMMARY
- am still of the opinion that "the top is in", but it is being tricky
- Decision zone still holds significance, and could well be revisited
- expecting one more leg down before a wave B bounce.
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Commento:

( ( < PIng > ) )

a LOUD ping on one of the Golden Fibs.
Much stronger than I expected
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Commento:

Near Term Zones of Interest

Quick update with a microscopic view of the nearby Support Resistance zones

I will be watching those zones for more clues.
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