Beginning of wave C Short

BITFINEX:BTCUSD240

Bitcoin / DollarBitfinex

Description

⋅ Jul 9, 2019 8:34 AM

Beginning of wave C

Trade active

⋅ Jul 10, 2019 5:30 PM

We need to lock below 12k to go further down.

Comment

⋅ Jul 23, 2019 12:57 PM

now strong resistance is about 9k, if it bounces again, then we are unlikely to drop below

Trade active

⋅ Aug 1, 2019 8:40 PM

next stop ~ 8500

Comments

mikenz

⋅ Jul 12, 2019 2:50 PM

interesting.

IndigoGogo2

⋅ Jul 11, 2019 9:06 AM

Your count is wrong...wave B can't be in a rising wedge and wave A is not in 3 swing .

n.a.shvidi

⋅ Jul 11, 2019 10:27 AM

@IndigoGogo2, ru.m.wikipedia.org/wiki/Волновая_теория_Эллиотта

IndigoGogo2

⋅ Jul 11, 2019 12:57 PM

@N.a.shvidi, lol i know that basic E.W structure...i think u missunderstand me .Your wave A is in 3 swing and it's not correct ,it have to be impulse or diagonal and your wave B than you show in the diagonal is just not possible ,it don't exist

n.a.shvidi

⋅ Jul 13, 2019 7:32 AM

@IndigoGogo2, I still do not understand what you mean, this is a schematic representation, bro. But quite a few traders depict a chart about the same as me, for example https://todayhttps://www.tradingview.com/chart/XBTUSD/tJODT5lH-Bitcoin-Rally-is-Over-Next-Stop-5-363-USD-Then-30k-USD/

Make_Money_Guru_Bitcoin

⋅ Jul 9, 2019 6:38 PM

plz cheak my share idea on tradingviwe

Make_Money_Guru_Bitcoin

⋅ Jul 9, 2019 6:37 PM

good job