I exactly called the low yesterday, which means my count has been right so far.
At 3513 level I wrote yesterday to @cryptopassion in the comments:
15mins looking good for that. There was a volume spike again and the candles look bullish. Maximum downturn I expect for green 3 is 3370, but this could already have been the low (3513 @ Bitstamp, 3490 @ Bitfinex). Watch this correction right now. If there is no new low your position is quite safe.
Here are the pictures of yesterday again:
The green wave 3 is complete and we are now likely at the end of the fitst move up of green wave 4. The three wave move down has just started a few moments ago.
If we are lucky, the crash won't start until monday. I would love to see that because I want to profit from this expected drop.
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DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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