We all know market makers and whales are playing with us during these low volume plays.
The Market Manipulation if they are planning to go bullish
Purposefully ambiguous wave 1. Virtually no standard pullbacks. Make people wonder is this corrective or impulsive? -this ambiguity leads to people incorrectly thinking the fall from 11.6k to 9.3k was a wave 4 and the rise back up to the neckline being wave 5.
- dump from double top creates panic. There is no subdivision leading up to the binance hack, which means all of that is 1 of 5 down.
-this means that first bounce was ACTUALLY wave 4 of 5 down (corrective up) -the all out dump after the SEC/GOX/HACK news blinded everyone to the possibility to a truncated wave 5 of 5 of C.
- Elliott count on larger wave 3 NOT BROKEN
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Yes, i expect 3 of 5 all the way to the neck line. FOMO will be real after 10.4k/10.5k