BTCUSD H4 Update

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
H1 were we have bullish divergence which could be the first sign's that H4 wave Y could be coming to an end.

H4 we have no bullish divergence so I'm not expecting the D1 internal C wave up to start from this low (see BTCUSD D1 Long Term EW Analysis idea). I think we will be seeing the start of H4 correction up before more downside.

If I'm correct and we are at the start of the H4 correction it could be quite choppy for the next few months.

You can look for buys on the lower time frames but be sure to move to BE ASAP as I expect it will be choppy going off previous price action.

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BTCUSD D1 Long Term EW Analysis. checkout the idea detail's and update's for the complete picture. thank's

Dec 03
Comment: BTCUSD H1 Complex correction up. Checkout the idea detail's and update's for the complete picture. Thanks
when 4600????
Boon2 cardan6006
@cardan6006, Low's been broken, H1 invalidation point breached. There is no trade and if you were long your SL should have taken you out.
Thanks for your work. It looks like you were predicting $4700 levels by Dec 10. Does that still hold?
Boon2 crypken
@crypken, I'm still expecting a C up to around $4600. I don't see a buy setup on it yet though.
Boon2 crypken
@crypken, Nope, low been broken
Boon2 majorlee
@majorlee, Interesting, thank's. Running flat's like the 61.8fib
Hi there! Is there anything of note that changed in your analysis recently? Perhaps somewhere between October and November? Your accuracy has gone through the roof! Maybe just ebb and flow?
Following. Thx for the predictions!
+1 Reply
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