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ale111
Feb 1, 2018 12:00 PM

"btc-usd" indicators show a possibile reversal! 

Description

Since july 2016, every time btc touches ema 144, bounce up. The schaff and rsi indicators, show that we are in buy zone (rsi not really in buy zone, before buying I'll wait the bottom of the rsi, but now in my opinion, looks good). Looking at the Elliot's waves we are at the end of the correction waves (C). Now I expect a bounce from this level. Wait the daily closure to open long position. If in the next 12 hours btc falls under 9000 usd, next target could be 8000-7500 usd. Critical days guys, pay attention :D
Comments
dyamfoolman
I hate to be negative but your whole Elliot wave thesis is flawed. This is simply because although your extended 5th is possible, it is your 3rd wave that is wrong as it cannot be the shortest of the three impulse waves . End of story.
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