BTCUSD intraday setup 5

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Tecnical :
BTCUSD             jump after reach 5581 this coin still in bullish wave, our target at 6449 this weekend.
If rising wedge break down support at 5391.

Fundamental :
Huobi to reopen trading with Bitcoin             and Ethereum             trading on Oct 26. China lifting ban could likely reignite Bitcoin             market
news sources : https://www.huobi.pro/zh-cn/notice_detail/?id=651
Trade closed: target reached: this analysis close,, check for new update
Video analysis : https://www.youtube.com/watch?v=u8DkT8tocxY

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hello, does it mean we can sell off at this point
I think, its getting up till the end of the year.
thanks for the analysis! i'm using it consistently
Yeehaa! Nice one...
I missed this and was waiting too long to get in. I didn't think BTC had this much power. good charting. Thank you.
+1 Reply
DianKemala Shinhunter
@Shinhunter, Im not really sure about this analysis too if i use my personal opinion. But as technical analyst, we never include our presonal feeling in every analysis.
+1 Reply
I have a question Dian. Isn't 3 drives supposed to be close to the same interval? I mean this is amazing work, perhaps in crypto, the 3 drives is still valid...I'd have to agree this could be correction now. In either case I'm flat on btc/usd. Fundamentals events: Devcon 3 for Ethereum tomorrow. Presentations on security, casper, and a few other presentations.
+2 Reply
DianKemala GreaterNinja
@GreaterNinja, nice question,, original 3 drive pattern rules :
A ((0.618 - (1.272 or 1.414 or 1.618)) + B ((0.618 - (1.272 or 1.414 or 1.618)) + C ((0.618 - (1.272 or 1.414 or 1.618)).
in this sample we got combination of 0.618 - 1.414, so its valid.

And your information about fundamental help us alot
GreaterNinja DianKemala
@DianKemala, Ethereum's devcon 3 agenda (schedule) for Nov 1 to Nov 4th, 2017. https://ethereumfoundation.org/devcon3/agenda/
+1 Reply
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