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ArShevelev
Feb 4, 2018 3:24 AM

Bitcoin 

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin ABC correction

Trade active

Trade active

Will the 7400 hold selling pressure?

Comment

Hit 1.236 Extension of wave (A) - 6830.
Looking for rebound in this area, price range 8000-6200

Comment

Bitcoin Panic Sell
Comments
kadsan
what is telegram address?
Degenere
ArShevelev
spsoofbaf
It is not a simple ABC correction and your ABC is not a zigzag, because wave B retraces more than 61.8% of A

Wave 4 cannot overlap wave 1

ArShevelev
@spsoofbaf, you can check different exchanges to see that they don't overlap.
If you have own wave setup, you have to show it;)
spsoofbaf
@a.shevelev002, oh my god, in bitstamp & bitfinex & binance they overlap!

because it is not an impulse :)

please remove that horizontal gray line to see their overlap in your chart
ArShevelev
@spsoofbaf, could you place EW in other way? show it please
DavidFontes
@a.shevelev002 thanks for all the TA. Are you saying it will rebound now to 8000 then a new dip?
Guilhermeltdr
@a.shevelev002 The target is already 6400, or could be lower?
tvpolo
Yeah peeps, let's draw some random ABC and panic-sell the crap out off this coin.
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