BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi guys !
whats up ?

It strarted correction from the zone that I expected before, and now I'm waiting for a suitable structure for wave D. Anyway, in my opinion, bitcoin wont go up to 8200 right now ...

#BTC has a support zone around 7000, if it can break the support, wave E will be confirmed ...
This correction can continue to around 6000. I do not see a suitable condition for trade right now. I think its better to wait for knowing the structure of this correction.
Good Luck my friends ...
Comment: Unlike our last update BTC broke 8300 current zone

For new entries you should wait
For those who held it they can hold with 8250 Stoploss

From elliot theory point of view we should see correction soon

Be with us we will update chart soon
I don't know what you are doing there but one thing is sure, Triangles never appear on the begging of the trend like you did...
Reply
@EM16, Triangles appear on the end of the trend
Reply
EM16 kouchi
@kouchi, no they appear prior to the last wave of the trend.
They appear mostly in wave 4 of an impulse, B of a zigzag, X of wxyXz and wxY.
Reply
@EM16, is'nt Elliot

It's Neowave
+3 Reply
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