Hello Trading Maniacs
As pointed on the chart, Bitcoin has finished its correction, and so Altcoins who corrected at the same time, will follow.
You see MOAC (Mother of all coins) following rules of Nature perfectly! As charts are human made, the Fibonacci sequence is very powerful in our live as a trader. A bullish engulfing is a very powerful reversal pattern. Also waves finished (nearly) excact!
I will update this until we reached our first Minuette wave targets! Enjoy the Trades!
Bitcoin -5.31% To Ash or To Heaven - Can you do something about it? No? Then why worry
Are you a smart trader, with a solid strategy? One who places stop loss and trailing stop loss? Yes? Then why worry
Disclaimer
I could be wrong, but... Yeah, I dont think so. Even though, The author, el Magico Tomasso, also known as the Magician, forever remembered in the whole world under alias WhatsThatCrypTom, shorter CrypTom, initials C T is not responsible for any trading losses you may endure. Its your F. money. All very interesting information and chart analyses from C T are for entertainment purposes only.