Thanks for posting your take. I think wave 4 needs a few more hours.

Brexit, the US trade war and the EU/UK sanctions against Russia will mix the cards soon anyway..

Btw I hope you did not get my replies wrong. I don't want to "know it better", I am just eager to learn and understand this better.

I never heard of this x2-rule before. Certainly ZigZags are usually stronger corrections than what I drew here. But the only rules I knew so far is that C has to close below A and B is never higher than

No, I am concerned the long term correction is not through.

Isn't an ascending 90° triangle bearish as well? The daily chart looks openly bearish to me. The last uptrend through February looks like a finished B from a Zigzag. This would mean we go up till max 10600

Thanks for your reply. I was not aware of that. I did not check out the former corrections yet, but will have a look. For now I only trade alt coins, so this is something to keep in mind. Btw: Your post

I think it is just the short time support. I've drawn the support lines as follows. I always look on Bittrex, but included also a Bitstamp chart. Personally I think the bottom is not in yet, because some

I have the same problem even if I am trading while doing my day job. It is a really bad habit. Take some time to plan a solid strategy for the next months and do your day trading in a paper trading account.

you can trade against USDT, which is basically the same. But if you want to bring in new cash, you obviously have to buy one of the main coins first. At the moment they are phasic again. It is not that

Which trading platform are you looking at? For Bittrex 1 and 4 are not overlapping in the second scenario - neither for XVG/USD nor XVG/USDT. Unfortunately, this is my primary count right now, but I also

Possible yes, as double ZigZag 5-3-5-3-5. I would then put the (3) on your C though for Verge (you are showing a BTC/USD?). My primary is, that the correction is nearly done (similar to haejins count on

This is interesting... so E might be much shorter, which is closer to haejins post then

I still think it is larger 5-3-5 and going down a bit more. The outcome is the same only a lower starting point. (I am a new to this though)

What do you (all) think about the pathway below? The chart is XVG/BTC on Bittrex. Is it likely to be a loong ZigZag correction, which has still a way to go?