• As a confluence to my previous EW analysis of $LINK, I also think we have strong support bands of GANN as we've seen also was the bottom for last bear market.
• If price closes above coming weeks I think Link will launch very hard!
My original count is invalidated. I mentioned that we were to go lower, but the 1-2 count is invalidated into a larger formed ABC-correction.
I have updated my analysis of $BTC , I think we have one more lower low to go. However, if we cross my red line from below, then the C-waves is considered finished and I'll turn to bullish!
Does not mean it's a bad idea to DCA here.
LIVE
Elliotician
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First post here.
Are you ready for next leg of $BTC up?
1. As long as we stay within value area, I'd consider it BULLISH! 2. We have gotten our 5 waves down.
It's still possible to hit T2 in Bat pattern but it'd say it's a good place to start accumulate $BTC and other ALTS.
$AVAX Update! We got our lower low just as I charted out in last update. I do still think that it's a good area to DCA considering the upcoming phase when we start major wave 3!
Now we need a confirmation of a bottom by looking for impulsive structure at lower timeframe.
LIVE
Elliotician
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Bullish
$AVAX Lower time frame analysis, in my opinion it's already a good time to DCA, but purple box is the confluence zone for reversal!