We have broken bellow E wave. Can we get a update comment please
bts1
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@Bullion_Money, I should warn I just started learning TA a few weeks ago, so I'm just spitballing. I would say there might be a possibility our downward correction never finished and instead of it being the C (as in the ABC correction on the original run up to .91) it might have just been the A. We will have to wait and watch though.
TomPower
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looking at this beaten down one but that pennant sure looks bearish, upsloping wedgish ike , it is testing the lower line now
bts1
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@TomPower, I see your point. If you check BTSBTC there's sharp downwards wedge that looks fairly bullish. So maybe BTS goes down, picks up some more steam and races up...or maybe BTC is due for another drop and BTS doesn't come for the ride....which would be an interesting development.
TomPower
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@bts1, showing some strength here to btc, could be a higher low unless btc turns down again, then its a double bottom