KondrackiKarl

Bitcoin next leg down, target $7250ish?

Short
KondrackiKarl Zaktualizowano   
COINBASE:BTCUSD   Bitcoin
Looks to me like we are finishing up the Any Three X leg of a WXY.
Thinking we will see a Zig Zag rapidly dropping us to $7250
Falling Three Peaks playing out. Channel holding strong.
Estimating next Third Impulse up begins August 26th


Estimate established early July


Komentarz:
Potential Triangle forming
books say triangle always occurs prior to the final wave
Bearish Hanging man formed on daily
Fib Circles show a potential reversal
Watching for position

Komentarz:
Upthrust before mark down?

Komentarz:
Current thoughts
Lots of bullish sentiment, I still remain bearish

Komentarz:
Komentarz:
Estimate, shorting next lower high

Komentarz:
Thinking $11500 (60ema) will be our higher low
but Camarilla pivots show potential at $11700

Komentarz:
Last 4 hour candle for the day
Expecting a reversal soon

Komentarz:
Komentarz:
Rough estimate
Thinking we will bounce short term around $9600
Komentarz:
Komentarz:
Re-entering my short targets
If we break above $10350 then I will watch for an entry at $10550
Low probability target at $11100

Komentarz:
looks like an ending diagonal with RSI divergence

Komentarz:
estimate
Komentarz:
Just noticed, we may be making a bearish bat
price estimate, date/time not set

Komentarz:
Estimate
Thinking we are still working on the A leg of a Zig Zag
Targeting $8950 before the ABC - B leg of ZZ
I cant see this being the E leg of A of a ZZ
daily candles dont look to fit an A leg of ZZ

Komentarz:
Thinking my estimate of the Zig Zag could be too compacted
Alternate estimate I am considering to prepare for

Komentarz:
Alternate estimate #2
Komentarz:
As an updated view of original estimate
Komentarz:
Two current estimates
Im still learning characteristics of Zig Zag (alone or in combination)

Higher Target $7600
Lower Target $7250 (last update image)

Komentarz:
current estimate

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.