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RE: BTC evening update 01.02.18

in #btc6 years ago

Your wave 3 labelling is 100% incorrect, because of only 3 waves. But you know that it does not really matter much, because it is not about the impulse waves, but about the correction.
Yes I think it is an ABC as well. This ema could work as a short term support, but I doubt that it will end the downtrend instantly.