KassandrA_dotcom

An alternative scenario : Basic EW bullish count !

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hi,

For some obvious reasons, I continue to think we are in a krach, BUT market is always right so here is my alternative scenario considering the breakout of the downtrend line is not a bulltrap. This is a basic Elliot wave counts doing in the rules (waves rules, and fibonacci's retracements), DON'T take care of the timeframe.

In this case 7500/7600$ area could be a strong entry point for long term positions on BTC .


Cheers.



You can see my primary count in the link.
Comment: THIS IS NOT MY primary count but the target is really accurate too. If bulls can show me massive buying volume in the coming 24h, then they might have a chance. But take in not the Wyckoff is my first count. I made this one because i was bored of people calling me "permanent-bear" haha, but market is always right so let see what will happen.
Trade closed: stop reached: As i expected this count is invalidated.
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