BTC is Going DOWN!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
1. Bearish Gartley pattern
2. RSI Over Bought
3. ABC correction DONE (of Elliot wave 1-down) with 0.382 retraction => wave 3 begins

Target ~7000$

Like if you agree..
Comments are welcomed.
Comment: Targets :
i dont agree but i still like the idea ... every possible option adds to the overall understanding what might happen and even a low chance scenario is possible and one should be ready for it so i kinda like the idea more correction means more fuel in the actual moonrun
@Dayta, What is your most likely scenario?
Dayta CatalinDV
@CatalinDV, just slapped together

something like this would be what i expect the most for the moment
+1 Reply
dont think so... if it stays above trend line... we`ll get higher high... BTCUSD still going up, he re-taken trend line.. 1D chart, just in the begining of going up.
Main Target still $12k
Nah looks like it will touch at least 10k due to the strong bull. Then it may go south to 7580 max
+1 Reply
CatalinDV andysaw
@andysaw, It might.. but, it looks like 5 small waves up from ~8426..
Nah, a little pullback then 11k tomorrow
+1 Reply
CatalinDV GazMema
@GazMema, Sorry but MtGox will spoil you drawing.. :)). Just kidding, lets hope for the best..
+1 Reply
RomoMahbob CatalinDV
@CatalinDV, everyones hopes to buy bitcoin at a very low price
+1 Reply
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