Coinbase Update: Still waiting

I don't have much to add from my last Coinbase update. The last trading day was pretty lame as not much happened. We did enter my target box so b could be considered complete at this time. I wouldn't be surprised if price raised into my box again for a deeper move up to the 0.618 blue fib though. That is not required, just something that is possible since our last move barely popped into the box, and a standard move would take us deeper.

After b completes, if not already, we will head down for c of (4) before popping up for (5) of ((3)). So far, we're following my pathway very well which is promising. I still plan on buying a couple puts if we do in fact move deeper into my b wave box. I'll look for a strike around $130 with an exp in late Feb. or early March. Let's hope tomorrow I can buy some puts lol.

Reminder: My schedule will change dramatically starting March 1st.

Yorum:

With today's price action this is how I'm counting this. I still think we are in this mini b wave of (4).