user100000
Long

ALERT! Wave 5 failure!

BITSTAMP:BTCUSD   Bitcoin / Dollar
172 6 4
possible truncated wave 5. very bullish!
haha when I'll put this in my agenda :)
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Yet another moon chart from you, hopefully this one plays out better than the other ones.
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user100000 K155MY4R53
that's what i expect when the market completes wave 2 according to my count. it may not be a diagonal or a truncated wave 5 but was my best guess at the time. we are near the bottom. if you are familiar with elliott wave principal you would know that wave 3 are often 162% of wave 1 and also 262%-300% of wave 1 if extended... that is reason for rocket ship
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I like, but I'm not sure a rocket ship is appropriate for about a $30 move.
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MoonTrader MoonTrader
Unless, of course, you think it's going higher, in which case I concur.
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user100000 MoonTrader
yes, much higher to anywhere between 546-744
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