llywellyn

This Bitcoin Fractal Looks Pretty Good So Far

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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12
So far so good. Keep an eye on it!
Comment: still looking pretty good. hanging out in the zone we would expect it to. probably a slight pullback the next day or so before another push upwards. the big question is whether 7800 will break & open the door for 8k. fractal says yes & elliott wave says probably but that is a tough resistance & will take a strong effort from bulls to get there.
Comment: counting it like this so far - you can see it's setting up nicely for EMAs to support price as it comes down & completes the C wave.
Comment:
Comment: perhaps getting wave 5 here after all
Comment: Updated this idea here. Hope you're killing it on this trade as hard as I am! Fractal has been quite accurate. https://www.tradingview.com/chart/BTCUSD...
Comment: Whoops. Broken link. This should work: