Analyticssage

Bitcoin Elliot wave update, 9556$ the temporary reversal point?

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
It seems that the last prediction was correct and Bitcoin is struggeling to break through 9600$
I think if BTC breaks bellow 9556$ then we are entering the correction mood. in this case wait until the correction is over and then buy
the 9556$ is predicated based on reverse RSI method
Order cancelled

Comments

I agree the 5 waves to the upside is finishing.
Check out the zoomed out count.
Which side are you on?
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Analyticssage Phi-Deltalytics
@Phi-Deltalytics, thanks for sharing this with me .
Nice charts! I wish I could make nice charts but I am so rubbish hahahahha
I don't agree with the left one as I can not confirm the wave count with RSI
The right one makes more sense but the triangle is not drawn correctly in my opinion. check the fibo ratios inside triangle

this is the way I draw the triangle

in this model all the legs of the triangle confirm the fio ratios :)
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