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GameonVentures
Aug 14, 2018 4:33 AM

Bitcoin - Up to $ 12500 - Elliott wave - H4 

Bitcoin / DollarBitfinex

Description

Bitcoin - Up to $ 12500

3 points on Bitcoin's order:

i. Continue to fall back to $ 5758, then back test again $ 6810. The downtrend trend should be downward in the correction trend to $ 5109.2. Expected to end this cycle at 15.9.2018

EP: $ 5110

ii. Spread across the $ 5100 range and pump aggressively. Breakout resistance at $ 6800 and rising to $ 8583.6

TP: $ 8500

iii. Re-point BO at $ 6796.2 and increase to $ 12533 target price

TG: $ 12500

* Entry points are canceled if the difference of 5% (SL)

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Comment

68xx done, now reversed
Comments
GameonVentures
68xx done
GameonVentures


Follow trend
GameonVentures
CryptoManiac101
big_foot
Now finally something that I have in plan for some time now. To confirm this... also if you draw fibo retracement from ATH (start with bubble theory awarness phase) you will get perfect fibo retracement .71 and that is 4995-5008. but btc will probably bounce few hunderd bucks sooner.

Great call.
GameonVentures
Redtail1980
Great chart, in line with my own thoughts. What effect do you think the ETF on the 30th of Sept will have?
GameonVentures
@Redtail1980, yes i think so, but i think the news is follow only. We just follow the price
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