I'm doing a market update after a long time. A lot has changed and I hope we are finally in an uptrend.
So let's begin with the first one!
BITCOIN
Count no.1
In this count I think that we have already finished our 3rd wave on the larger degree and are starting out with the fourth wave which might take us down to T1 - $7,500 and T2 - $7,200.
There is also T3 but I don't think we'll get there T3 - $7,000 - $6,930.
Count no. 2
In count two I believe that we are completing 4th wave of the smaller degree and there is still a small push remaining for the 5th wave on the smaller degree and then we move on to the fourth wave on the larger degree as shown in white.
Any which wave you look at it this is not the time to be going long on bitcoin, wait for confirmation before entering a trade on this.
ETHEREUM
I don't have much to say about ethereum. The chart just looks scary, we are in a massive descending triangle and I only say that I hope we get an E wave failure to the upside and not complete our E wave and crash down to lower price range
We might not even complete the D wave properly, it looks very weak.
catch the trends not the small scalps!