michael-yazdi

again BTC ganna fall

Short
michael-yazdi Updated   
BITSTAMP:BTCUSD   Bitcoin
My previous analysis about BTC exactly happened. ABC has completed and its ready to finish the zigzag.
There is slight possibility that ABC hasn't finished and it might rise above the invalidation point so trade with money management and put your ST above invalidation point.

BE AWARE If BTC falls, most of the altcoins will fall too.

Comment:
I don't mean to brag but the whole correction formed exactly as i analyzed. Who could've done that??!!
now it touched the resistance area and went up . but that's not the end yet.
Comment:
the wave 4th is probably ganna be a triangle and wave 5 is can either finish before the channel trend line or break the channel and finish lower than that.
if end of wave 5th touches the channel trend line that's another story.
Comment:
it amazingly touched the resistance area and its a really strong resistant.😎
if it cant break the channel's trend line and then rise, the correction isn't over and its just a X wave😒😢. but if it can break resistant and finish the correction under the trend line it is over.
I would buy one step at this level💕.
Comment:
guys there's been a mistake ☝☝ by resistance i mean support LOL😂
Trade active:
the wave C is extended and it reacts to the 1.61% fib projection. i didn't expect this because of the news but it was possible.
don't worry guys its ganna turn.
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