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imkeshav
May 28, 2019 1:44 PM

$BTC - It has to end somewhere, right? 

Bitcoin / United States DollarCoinbase

Description

#BTC performance has been outstanding. But it appears we are close to the top ($9500), if not topped out.
We appear to be in the final wave (green). I wouldn't advice longing the 5th subwave of the 5th subwave (white) of the 5th wave (see linked EW concept)

Zooming in, we may have 1 small legup, but I wouldn't bet on it unless you are playing with a very disciplined stop loss

Comment

Hope you were safe and this chart helped you

Comment

Considering that wave 4 was a running flat, we should be in the 5th wave (white) now
4th wave correction was short-lived & so can the 5th wave, considering that the 3rd wave (white) was extended. Notice how channel median line acted as support and price bounced
$9800 is the 0.618 Fib retracement and also has the resistance line (red) from Mar 2018 and also the channel top

Play Safe!

Comments
BigBuxTrading
Who knows?... no one... this is a real-time market... predictions are as meaningful as a psychic’s 6 number Powerball pick... 100% speculation
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