LisaNEdwards

BTC out of the friend zone - TORN between 2 lovers <3

LisaNEdwards Updated   
BITFINEX:BTCUSD   Bitcoin
What is really clear right now.... is BTC is in a good position... she has choices...

Mr Blue Eyes, let's call him Ronaldo is trying to seduce BTC to go down, for him it could be an enjoyable experience, but BTC is torn as there is also Elliott...
Elliott understands BTC, and knows that when you first meet a lady... it's expensive, you need to wine and dine her, send her flowers and chocolates and make her feel loved and special and to do these things you need MONEY... So Elliott wants to take BTC on the best date ever... he wants to show her Pamplona, he wants her to live dangerously and run with the bulls...

BTC is a little confused right now, Ronaldo is giving mixed signals, is he only there for one thing? Will she miss out finding everything she ever wanted because he is playing her?

So what now is the most likely scenario... is it too late for Ronaldo to come in with his white horse and sweep BTC off her feet? Will she get lost in his blue eyes and follow his path lower....?

Or has she decided this is the year of living dangerously and without risk there is no reward....?? Running with the bulls does sound fun....!!!

THE TECHNICAL STUFF
We are currently in the 5th wave of a 5 wave impulse.
A clear break above $8,750.00 with retrace to the $8,000 zone will see BTC follow Elliott and run with the bulls.
A turn at $8,749.00 will see BTC take Ronaldo's hand and swing her leg over his white horse riding to a possible lower low target is $4,544.00

IT SEEMS BTC SHOULD MAKE HER DECISIONS SOON.... Maybe Ronaldo needs to chase BTC higher... That's the only way he will catch her ;)

Safe and happy trading!

REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimise your risk, use a stop loss.) ALWAYS!!!!!!!!!!!!!!!!!!!

LNE.

DISCLAIMER:

The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...

PS make sure you give me a like.... :) <3
Comment:
If you feel you have missed the BCH train, possible retrace to $700 after wave 5, bullish retrace would be higher.
Comment:
Okay... throwing this out there, and checked with a few people that chart for clarification.... $7500.00 retrace to C.... could still be in progress....
Comment:
See how hard it is for BTC to make a decision she slowly climbs higher with Elliott but I feel any moment Rinaldo could tug at her heart strings again, maybe only a small drop... but it keeps him in the game....

❣️Lisa N Edwards❣️

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