BITSTAMP 1h

Jan 9, 2018

just out of curiosity i was curious to know what kind of wave one we had... it seems wave one was a leading diagonal. leading diagonals are usually deeply retraced...

i believe the final wave v of (c) is in progress... next level is 22K which is 161.8% of wave one (typical ratio)

Jan 9, 2018

Note

(expanding leading diagonal)

Jan 9, 2018

Note

note: it's possible we could have a wave v failure i.e. market too strong to move below wave iii. as long as we can count the five sub waves it should be ok.

Jan 10, 2018

Note

as can be seen, wave v was an expanding ending diagonal...

Jan 10, 2018

Note

leading diagonals occur in wave 1 or wave A of a zig zag... so by definition, 17234 will be taken out either as wave iii (which i believe it the case since red 5 needs get moving) or as a c wave if that is what you believe... in either case the direction is the same