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the_sunship
Dec 6, 2018 1:51 AM

Short swing Up for BTC Long

Bitcoin / United States DollarCoinbase

Description

4800 target area, could even touch 5k. I feel this is a 4th wave playing out as a falling wedge. Considering the how big the 3rd wave fall was, some more upside is expected before the final flush.

We have divergences on shorter time frames and shorts near all time highs. When it gets quiet like this with divergences, it usually comes as a surprise.

She might spike down a little more first to trap more bears. Below 3600 with volume would invalidate this count.

Expecting a strong move tonight or tomorrow.

Good Luck!

Comment

Still Holding 3600, now with 4hr bullish Div. Keeping position open unless we breach 3500

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