llywellyn
Long

BTC to Push Through 9K Soon? Fractal + Elliott Wave

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
We now have more data than a few days ago & this is the probable path at this point for this set of impulses. It seems we're in the process of forming a wave 4 triangle that matches well with the fractal from April. Looking for a break out of it up & possible push to 9k if bulls get some momentum before a sharper retracement & the final 5th wave.
Comment: right now looks like we are about right here in the fractal. will need to see how bulls come out of this correction to have an idea whether 9k is still in the cards. my ideal top would be ~9400 but BTC is looking weaker overall than before so it might be a stretch at this point. current target 8650-8700.

Comments

Dont mind the haters bro, its the same bears we destroyed in the up move.
We took their money and slaughtered them. After this move its naturall the manipulators dont want to buy with strength,
they want to trick bears into positions and then take out the stoplosses for the wave 5 to 10k.

All you bears hand over your money to me already, next round you will surley die and go back to whaterver you did before crypto.
Reply
looks like : REKT !
Reply
we goin to 7.6k
Reply
llywellyn crypto_hodl3
@crypto_hodl3, looks like a bull flag to me
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out