G_Man

Do the Doggy Bounce

BITFINEX:BTCUSD   Bitcoin / Dollar
110 4 3
https://www.youtube.com/watch?v=2xE2M3RJJXA

After being inspired by DanV and 4xForecaster's counts that look at the possibility of a bounce to 240-260 before continuation of bear trend I drew this.

If it plays out, I can take credit :D




Just publishing for fun - don't take seriously.
rubenthin PRO
2 years ago
Hi, would you be able to post a link to 4xforecasters idea, I dont see it.
Thanks a lot
Reply
G_Man rubenthin
2 years ago
Hi, sorry I should have included:

https://www.tradingview.com/chart/BTCUSD/fAObvzYB-A-Quick-Technical-Lesson-BTC-forex-elliottwave-bitcoin/#tc166588

scroll to the bottom for this:

snapshot


and this thread, scroll to the bottom for his updates:

https://www.tradingview.com/chart/BTCUSD/vVHa7llH-BTCUSD-INTERMIDIATE-SHORT-IN-THE-MAKING-WITH-RISING-WEDGE/#tc166502

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rubenthin PRO G_Man
2 years ago
Thank you sir :-)
Reply
rubenthin PRO G_Man
2 years ago
The H&S discussion, where the formation looks right but is not in a valid position, looks very much like a truncated 5th wave...which could exactly fit the current conditions:
http://image.slidesharecdn.com/elliottwavesprinciples-100422065735-phpapp01/95/elliott-waves-principles-11-728.jpg?cb=1271937469
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