TradingView
Eloquent
Sep 14, 2022 3:10 PM

btc 9-14 update 

BTCUSDT SPOTBybit

Description

good morning,

in my last post i was looking for btc to retrace up to the local golden zone and see a rejection
>it did

>>>but... it came up in 5 waves rather than 3, which changes the trajectory as of yesterday.
looking for a bit of a deadcat bounce in the days ahead before the final move down in this range (which in theory shouldn't take out the lows)
if the lows are defended by the bulls, we can look for upward expansion into the month ahead.
Comments
mr_farahiii
u tweeted 13k 18h ago
u saying 23k now
are u ok?
Eloquent
@mr_farahiii, i did tweet 13k. maybe i'll tweet 69k next.

remember my tweet when we get there mr.F
mr_farahiii
Please clear me. Do you still believe in 13k and do you think 23k is a temporary pump or have you changed your opinion completely because I am really confused
tnx
werwortmann
What I think is happening is a large triangle after the 5 wave from 25k to 18.5k. So if my gut is right, we hit 19k before turning back up in short term. Would explain the recent fast move from 18.5k to 22.8k
hyperbox
We truly appreciate you sharing your wisdom with us, Elo. Pls keep up your stellar work!
More