ElliottWaveBelgium

Bitcoin - One more leg lower !

Short
ElliottWaveBelgium Zaktualizowano   
BITFINEX:BTCUSD   Bitcoin
We finished wave ((iii)) lower, now wave ((iv)) looks like a triangle nearing it's end (?)
Therefore, we might see one price go lower to 4000 as a wave 5.

--- > This count gets invalidated if price goes above 5000 !


*This then might be the bottom of this down move.
(Doesn't mean you should buy directly after !)
Komentarz:
Short it !
Komentarz:
Price finished the triangle as expected an going down now
Komentarz:
Target hit.

I would like just one more push lower even tho 3100 might seems a bit far, I think there is a good chance for it to be broken also.
Komentarz:
Komentarz:
Let's hope for a quick turn now... I really want my 3100 Target !
Komentarz:
Price turned as expected but it annoys me a bit that it touched the invalidation level.
This can sometimes happen in those type of markets, therefore I'm not changing my count for now.

Notice that when you switch to a line chart, the count remains valid...
Komentarz:
I'm confident we have 5 waves down as a wave (3), now price is in a correction higher in wave (4).
** IT'S NOT AN OPPORTUNITY TO BUY YETT !!!!
After wave (4) ends (should be near 0.382 level ~4500),
look for price to fall a bit further for wave (5) near the 3100 level.

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.