NaturalPatterns
Long

Invalidated Bearish count.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi All

This scary count we have seen a lot of the last 6 months or so. Finally it is invalidated, as wave 4 overlaps into wave 1 territory.

Im happy that I get to kill this ugly chart.
I strongly believe that We will get at least one more time to buy bitcoin below $5000 before the next bull season! Let's see how it goes!


Reply
NaturalPatterns CryptoEngineering
@CryptoEngineering, thanks for your comment and chart. I see your point. I am waiting for the retrace myself, ready to buy the dip.
lets keep talking and find the perfect re-entry
+1 Reply
CryptoEngineering NaturalPatterns
@NaturalPatterns, Getting closer, dude.
Reply
NaturalPatterns CryptoEngineering
@CryptoEngineering, yep. where is your first buy ?
+1 Reply
CryptoEngineering NaturalPatterns
@NaturalPatterns, I shared it on my post. $3200 and $4400.

Reply
NaturalPatterns CryptoEngineering
@CryptoEngineering, cool, thanks. I dont believe it will go that low, but time will show :) if it does , its cheap coins for us !
+1 Reply
CryptoEngineering NaturalPatterns
@NaturalPatterns, Yeap :)
Reply
Agreed. It's an ABC correction.
+1 Reply
@alexyeoh, C is probably where 3 is on the chart above and Wave 1 of the next 5 waves starts at 3 and goes to 4 Maybe?
Reply
NaturalPatterns BitcoinBearSlayer
@BitcoinBearSlayer, i agree with you both. Do you think 8k That was just hit is top of 3 or 5(of waves not drawn here - the waves we have to re adjust every Day :)

Been waiting for a retrace forever
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