ferGOD
Long

BITCOIN - TODAY - MARKET UPDATE - 11/15/2019

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BTC took out its previous low, indicating wave C remains incomplete. We'll now see if the 0.786% projection for waves w and y at 8k can contain the decline.

Whether wave B has unfolded as a triangle, or an ending diagonal is underway for wave C, our immediate focus remains on lower; at least while the upper boundary of the impulse channel acts as resistance. The decline is likely to continue toward the lower target area which is highlighted on the 240-minute chart.

Key Levels: 7296.44, 9150, 9450.00, 10540.49, 10939.34

Keep you updated as this price evolves.

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I am not Bearish long term. I am a Bull of Bulls.

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Trade active:
Possibility of the double bottom! 240m
Keep your eyes a Breakout of 8773 signals that wave 2 is complete.
Trade active
Trade active: Here we go!
Comment:
Trade active:
Trade active
Trade closed: stop reached
Order cancelled

Comments

good chart
+1 Reply
Dont you have a CSGO game to attend to, sir?
Reply
ferGOD teh_salesman
@teh_salesman, No. I'm just a fan. I also like to play the game. Thanks.
Reply
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