Ingemkts

Zooming out my BTC chart

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
565 6 14
a year ago
According to my analysis on a day chart we are still into the sideways "mode" (range between 300usd/2000cny and 240usd/1500cny more or less). Peaks might vary as my chart shows because I drew this chart more than one month ago. This is a WXY flat pattern.
a year ago
Comment: On Oct 30 began the abc correction wave after the first bullish rally (1st impulsive wave). We will probably see 1980-2000 per BTC as max., after this we will continue up, therefore the next "b" wave to 1550 on my chart is invalidated.
a year ago
Comment: The last update below...
Nice one ;)
+1 Reply
Ingemkts morshedul.sazid
a year ago
Thanks :)
+1 Reply
oldstout
a year ago
If "c" would be lower than "b" it would be huge HS :D
+1 Reply
Ingemkts oldstout
a year ago
yeah but remember that the peaks might vary ;) so it could
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oldstout oldstout
a year ago
my mistake, i tought about c lower than a (nov)
Reply
Ingemkts
a year ago
snapshot
+1 Reply
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