Ingemkts

BTC: 2nd scenario upgrade (sept.04)

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
215 12 8
1st possibility: it hits 1506 again and goes down, this would make a bear div             with 1680 and the next target could be 1180 more or less.

2nd possibility: it drops but not beyond 1310, then up to 1650 more or less

Time: this could happen in several days if the move continued sideways
i know its hard to draw and how many hours you are working on this chart. congratulation to you.
+2 Reply
Ingemkts PooyaSalehipour
Hi, I was watching your last chart, I like it. Only one detail which differs from the mine one, that is the part in which we are just now ;) that part is not contemplated into my analysis because for me is part of the Z impulsive wave...which one of them will be right? :)
+1 Reply
Ingemkts Ingemkts
The same count but at 4h chart
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Same count at 4h chart ;)
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Update
snapshot
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Up up and away. We are definitely starting to gaining momentum still. Always enjoy your predictions and charts!
+1 Reply
Ingemkts neillifetwit
:) I try to do my best
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Update: possible next targets: between 1628cny and 1647cny. According EW BTC could be making an ABC in case in the event that it is no longer an impulsive wave up (12345).

I am doubting about impulsive wave (12345) because the 2nd wave should have been -50% at least but it made 38.2%.

If it was an ABC then C would coincide with the measurement (161.8% = 1647cny)

Take a look at the purple ABC
snapshot
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I am with the binge :-)
+1 Reply
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