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mtad2002
Apr 26, 2018 9:36 AM

BTC out of falling wedge completing elliot waves, Target 10100 Short

Bitcoin / DollarBitfinex

Description

Hi there
i think short term target will be around 10100
reasons :
1. size of falling wedge left side
2. elliot waves size of wave 1=5
3. 1200 ma 4 hour= 200 ma daily huge resistance
4. 38.20 fib retracement of 11700 to 6500 fall wave
Comments
johntradingwick


Can i have a feedback on this? I know i may be wrong, but it is one of the possibilities, right?
MohammadTa
@imfamousrajat, yes it is possible to go lower and there is many support bellow ,
what i had shared is what i think most possible .
thank you for sharing your thoughts
johntradingwick
@MohammadTa, Thank You. Let's wait it out and see.

Good Luck.
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