FibMarketWatch

BTC-Building a Bottom-Correction Sequence

Short
FibMarketWatch Updated   
BITFINEX:BTCUSD   Bitcoin
BTCUSD is currently in a correction sequence. We are in the Wave B position in Sub-Wave 3.

BTC is a STRONG BUY (Long-term)

The Hash War has delayed the deployment of blockchain applications but a new stable protocol has formed which is Bitcoin SV. When blockchains can securely scale and perform applications that meet global demands the Crypto universe will soar...

Bitcoin SV website link: bitcoinsv.io/

Wave A was formed by 3 Sub-Waves. Since Wave A was formed by 3 Sub-Waves a Flat Correction (3-3-5) sequence is expected.


Wave B is currently underway and will be completed by 3 Sub-Waves. Wave B typically retraces near 100% of Wave A.


Wave C will be completed by 5 Sub-Waves and will turn into a Wave Sequence when completed.


Wave B estimated to be completed in 1 day 18 hours

Near-Term Target: $3,383.00


Will update.

-AB










Comment:
Price Action update:

Comment:
Comment:
Comment:
Notable Fib Time Date: 1/9/19
Comment:
Comment:
Comment:
BTC estimated to bottom in 7 days...
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
5 Days...
Comment:
Comment:
Comment:
Comment:
Comment:
B Wave - Sub-Wave 3 underway...

Target remains.
Comment:
Comment:
We are getting close to the target...
Comment:
Comment:
Dr. Raja Flores
Comment:
Please excuse above remark...
Comment:
Target almost hit...
Comment:
Approximately 13% gain if my target of $3,383.00 is hit...
Comment:
Currently, we are at a 10.48% gain...


Not bad...
Comment:
Target close...
Comment:
Comment:
Trade expected to be over very soon...
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.