BTCEUR - Waiting For An (Additional) Entry

in #btc7 years ago

Just for fun and for fresh eyes, I moved over to the EUR chart on BTC, and this is what I see.

We could already have bottomed in ii (purple count), but are likely heading down to the box for either the 0.5 or the 0.618 retracement. Right now we're sitting on the 0.382 retracement (white line), but the structure seems incomplete without a full C down.

The blue arrow is my long entry, got more orders down in the box. That's right, several entries. We never know exactly when things are going to run, so scaling in is the way to go.

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For future viewers: price of bitcoin at the moment of posting is 8449.90USD