Things happen fast in Crypto. And while it's possible this correction is going to be short and sweet, I'm inclined to look for a more complex correction than that little a-b-c we saw today. Elliott's rule of alternation suggests that markets "tend" to alternate between a simple correction, as we saw in May, and complex. It is, of course, too soon to tell. But I'm inclined to look for more evidence. Algo's live on 50's and 61.8's so expect a reaction when we head back up to kiss the outer median line and touch the 50-61.8 zone. But I'm not a seller there, I'm looking for a turn back down to test support at the larger 50-61.8. What I really want, just because it would be so f**king cool, is the $2,340 -$2,282 window. My limit orders will be there with shades on...
Crypto Trading and Education - goo.gl/AUxrWz