0509 BTCUSD waiting for signal down to $8930 Short

Bitcoin / U.S. dollarBitstamp

Description

⋅ Sep 5, 2019 8:26 AM

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.

LESS IS MORE!

Comments

ferGOD

⋅ Sep 6, 2019 11:59 AM

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)

ferGOD

⋅ Sep 6, 2019 11:59 AM

@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)

elliottwave.net/educational/basictenets/basics3.htm

styletokill

⋅ Sep 5, 2019 8:34 AM

Yes ! Bitcoin is going down .

CryptoMilly

⋅ Sep 5, 2019 9:07 AM

@styletokill, The market will still remain bullish after the correction right?

styletokill

⋅ Sep 5, 2019 11:04 AM

@CryptoMilly, I am more bearish on this one .