TheEWGuy
Long

BTC climax move incoming

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin completed 3 primary waves starting from 3200 run.
The final 5th wave usually comprises of final consolidation inside a triangle before the final push.
Expecting btc go higher from here with min,normal and extension targets.
Stop loss would be 7500..indicating 5th wave failure.
Hold on tight!!!!!

Details about wave count you can ping me on my trade group.



Trade closed: target reached
so far so good...
+1 Reply
@TheEWGuy, I went back and fourth over the elliot wave counts for a few weeks. however the 3rd and 5th waves are fairly extended... either (1) and (2) are wrong and are really 4 and 5 on the down leg, or the waves extended over 4.618 after april 2nd....



I'm watching closely for a break up, looking for 8168 on c.b. I'd expect a move within the next few days one way or another.
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TheEWGuy Mikelikescrypto
@Mikelikescrypto, wave i3 is 4.618 but internal wave count support the extension..so i am expecting final 5th to be small equal to wave 1 or 0.618 of wave 3
Reply
by when?
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TheEWGuy PensiveElephant
@PensiveElephant, within a week or 10 days
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