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RE: BTC morning update 12.02.18

in #btc8 years ago (edited)

I m still bearish...

i simply can not count the sub waves in wave 1 as an impulse. i can only see it as an ABC.... there are 8 waves( so not an extended impulse) and there is ton of overlap in it. And if i go to daily it looks like a 3 wave (ABC)

Maybe it's the inexperience :(

edit. let's see if it bounces of the support (that was the resistence) or if it falls back inside forming a bear wick....