FUNTRADER-Vera
Short

0509 BTCUSD waiting for signal down to $8930

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Waiting for signal to short again.
The end of correction on daily chart for BTC .

BTC needs to break down through this 1st red level before making a new low like $8930.

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COMBINATION DOUBLE THREE

Wave Y is at stake! Probability
We see a triangle that can be formed at the end (ABCDE)
We have a CME GAP against (opposite) a weekly average of 20/21 MA. Where did wave Y end? (9k - 20 / 21MA) or GAP CME (8500 1.236% fibonacci) or 7500 (1.618% fibonacci)
Reply
ferGOD ferGOD
@ferGOD, COMBINATION DOUBLE THREE

Wave Y is at stake! Probability
We see a triangle that can be formed at the end (ABCDE)
We have a CME GAP against (opposite) a weekly average of 20/21 MA. Where did wave Y end? (9k - 20 / 21MA) or GAP CME (8500 1.236% fibonacci) or 7500 (1.618% fibonacci)

http://www.elliottwave.net/educational/basictenets/basics3.htm

Reply
Yes ! Bitcoin is going down .
Reply
CryptoMilly styletokill
@styletokill, The market will still remain bullish after the correction right?
Reply
styletokill CryptoMilly
@CryptoMilly, I am more bearish on this one .
Reply
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