bbrox
Short

Wave A B C, coming next in Eliot Cycle

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
What do you think this prediction is correct?
Why should it not be a double zig-zag from the bottom at 210 (abc-x-abc)? Thank you Bert
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rubenthin Tradebert
Yes, my concern is that 5 is the top of a correction from the bottom too.
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Tradebert rubenthin
Maybe it is a large contracting triangle, if I look a your first chart with the converging libes. Please take a look at the chart ZarNegar with the sail (never seen such a form in a chart but never too late to see) which has a target below 133... KR, Bert
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Pretty much the same picture I have. Looks good especially with the rsi peaks to confirm. Problem is with the bullishness around there's no telling how deep any retraces might be.
More importantly, nice color scheme...I recognize that from somewhere ;-)
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