mr_forexbull

btcusd

mr_forexbull Updated   
BITFINEX:BTCUSD   Bitcoin
i think the wave "d" has not yet been completed
after a couple of sub waves in these areas, I expect Bitcoin to break out $ 8474 resistance. tp marked in chart
after this i looking for new pattern to "d" wave, but for now there is no pattern visible
as always, I will update the chart
Comment:
so many people ask me that you think uptrend will continue?
your answer is: NO! i didn't mean that
btc will correct in "E" wave as i drew in chart, when after the "D" wave complete
right now btc can range between 8474_6900, while is in big "D" wave
but i think bitcoin can still break out 8474 $ resistance one more time, and it is final destination for it.
after all of this i will update chart...
comment me your opinion

Comment:
btc possible scenario for the end of the wave "D"
in this case top price is 8300$
Comment:
finally the 'D' wave completed and also 9000$ touched to
now target is about 7400$ in 'E' wave
Comment:
The 'E' wave structure to reach $ 7,400, is a long-term position
when bitcoin reaches its targets, Altcoins can continue their uptrend
i'll update it ...
Trade closed: target reached:
well done

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