dave83

after this correction one more leg down?

Short
dave83 Updated   
BITFINEX:BTCUSD   Bitcoin
In this count btc just ended the 5th wave of the 3rd of the 5th. From which we got a nice reaction... This last 5th wave came untill the 0.618 of the 3-4 and simular in length of the 1st wave.


Bitcoin is currently making a 5 way structure up and is now busy making the 4th... this 5wave can become the A wave of the correction for the bigger 3rd wave down (the blue one) which was extended to the 2.618 so a bigger correction could be expected.

After this 4th wave there will probably still be a nice short opportunity for the 5th of the 5th wave down, where we can retest the low and maybe break it....

Pls also check my WXYXZ correction predicted and published by me on 29 august... still very nice on point and certainly still valid and in play, link is below
Comment:
From now on i will be more active on twitter.. pls follow me there to get the last updates and more info... @DaveCrypto83
Comment:
this subwave count is invalidated because the the blue 4th wave overlapped the wave 2. I will open a new trading idea with the possible counts that i see now

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