Like2Move
Short

Correction is expected: target may be 2300

BITFINEX:BTCUSD   Bitcoin / Dollar
761 15 17
The Elliott Waves pattern 1-2-3-4-5 completed. Also completed a bigger pattern (1)-(2)-(3)-(4)-(5) on daily chart .
There is a chance to try to rise above the recent high 3003, however, exceed a few.
Comment: A bigger pattern:
snapshot
Comment: Don't be surprised for another motion down:
snapshot
appreciate the chart. my count was similar. the top has played out closely to that of december 2013.
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Like2Move kenzboard
@kenzboard, congrats!
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bakhe Like2Move
@Like2Move,
hi
great chart
now we are in Abc Wave??
+1 Reply
@bakhe, Looks like abc. Yet.
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Hi,
I signed up just to say thank you for the good work.
I am thinking of investing in Bitcoin and maybe trade a bit.
Do you think that's a good idea?
Will you be posting more Elliot wave charts?
Thanks
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@colmon, It's a good idea, but we must be careful with trades. When Elliott Waves are informative, I submit them.
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So what is going to happen now?
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Like2Move hagaizzz
@hagaizzz, up (if breaks fib 0,382 retrace level) or more down.
+1 Reply
aheoro PRO Like2Move
@Like2Move, Very good one!! Thank you)
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ambrosia PRO Like2Move
@Like2Move, Nice call!! It looks like we are breaking above 0.382. More up I guess?
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