initially published on Jan 11, 2019
we go red?
- traditional wave 1,3,5, if wave 3=wave 5 then the target is the first yellow box
- hype pattern of FIB level wave 1 @ 0.382/0.5, wave 3 @ 1, wave 5 @ 2.618. some times after wave 3 there's a hype bull trap around 1.272.
now no matter the current movement is taken as,
- cup & handle -retracement expecting or finishing @ 0.382
or
- big wave 1 retracement expecting @ 0.618
personally think and like TRXBTC hype, coz it's always on pattern:
hype patter(learnt from Artem) + respecting falling wedge bottom price target(link) + favorite of 0.618 retracement (shown in the charts)
important chart idea links shared below:
hype pattern levels knowledge credits goes to Artem