Husain_Arkghazi

Bitcoin BTCUSD shorts, be careful, W5 hasn't ended yet

Long
Husain_Arkghazi Updated   
BITSTAMP:BTCUSD   Bitcoin
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Now in above chart you see how clearly Bitcoin BTCUSD prices have formed an elliot wave formation
and now most likely we're moving in wave 5 which could lead us between 10350-11000 zone, or 78.6%-100% of wave 3
which is a typical wave 5 nature, so going short at this level could be very risky
as its against the strong uptrend and wave formation
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wave 3 has gone exactly 161.8% of wave 1 so most likely wave 5 will travel atleast 78.6%-100% of wave 1
along with this my custom rsi is still moving strongly in the red zone, indicates for prices to go even higher levels
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this is Husain Zabir, signing out
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Comment:
As I said shorts have been rekt badly, Bitcoin going 10350 and above ;)

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