cryptodisco

Bitcoin. The Final Correction.

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello Traders,

Here is my projected target for BTC final leg down. Had to get this together quick and publish the idea before it breaks down so a bit rough round the edges.

Lets see.....

Not Financial Advice.
Comment: Elliot Wave Bear Market Triangles
Comment: Well we broke. Guess this is in play. Epic.

Comments

perfect
+1 Reply
Thanks for your chart and sharing your ideas. Good luck trading.





Reply
@tuamen, yes your EW count is in play here. An ABCDE correction for wave B.
Reply
Though I think this is the bulltrap her...
Reply
cryptodisco christophercolumbus
@christophercolumbus, My EW could be wrong but I think it would be more of an epic bull trap dropping to the trendline support for a third time but having broken out of the downtrend line. Perfect storm.
+2 Reply
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