We can also see here that $COIN is following our chart too and has now rejected at the 50 Day MA, after testing this level 3 times.
So I still expect Wave C to play out as shown and one more leg down is next.
If buying individual cryptos is not your thing then exposure to $COIN when it completes Wave C would be more suitable for you.
I believe this will move up to the blue line at $369 after Wave C completes.
Byron Tanigawa
2024-05-25 03:46:34 +0000 UTC