Well before the beginning of June the market was in green but now it seems to be going in the opposite direction, let's just hope it keeps the floor stable to start taking new floors and ceilings.
Using EWP in charting though not an exact science is fun and very interesting. Applying it to the current price movement of BTC, Intermediate Wave C has just completed the Primary Wave 2. This could be the start of Intermediate Wave 1 of Primary Wave 3, which also could indicate a resumption of the bigger bull market that started in September 2017. Typically, the personality of Wave 1 is usually mistaken as DCB and so during this time, there will be many short-sellers for the majority are finally convinced that the overall trend is down. And so, any indication of a rally is taken as an opportunity to sell.
For some reason, I think it will hold for now because the Fib levels haven't been reached on the upside yet (for both the stock market and BTC). However, I do think we will head back lower.
Let's hope it does.
We need more green colour to end the month and start a new one.
Hopefully, June brings more stability to the table, unlike may.
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Definitely,,hope we have a month where will see increase in price of all coin
Let's hope for the best this month.
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May, the crowned bear month 🤓
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Hahaha but queen isabel level bear.
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Well before the beginning of June the market was in green but now it seems to be going in the opposite direction, let's just hope it keeps the floor stable to start taking new floors and ceilings.
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We'll see how that unveils in the coming days.
I won't be surprised if the market stabilizes throughout June.
For now, let's hope for the best and keep building in every possible way
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Anything is possible here and even it can still move higher than that too
I believed from the very beginning that it would hold the 30K level and I still believe it.
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Hope it keep holding that up :)
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Me too :D
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It's nice to see bulls like me :)
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Using EWP in charting though not an exact science is fun and very interesting. Applying it to the current price movement of BTC, Intermediate Wave C has just completed the Primary Wave 2. This could be the start of Intermediate Wave 1 of Primary Wave 3, which also could indicate a resumption of the bigger bull market that started in September 2017. Typically, the personality of Wave 1 is usually mistaken as DCB and so during this time, there will be many short-sellers for the majority are finally convinced that the overall trend is down. And so, any indication of a rally is taken as an opportunity to sell.
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Hoping it will and we shall see better charts this June
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For some reason, I think it will hold for now because the Fib levels haven't been reached on the upside yet (for both the stock market and BTC). However, I do think we will head back lower.
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Well if so, it's time to hold out and buy for good results :D
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Probably till like September.
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So far he has done very, very well.
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