Crypto_Mercy

Bitcoin to 16k in october and 29k by february

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi everyone, this is an approximate prevision in time. It's clear that we are currently in a Wave 4.... Another wave will occur after this consolidation... support are getting stronger it's why a retracement to the 50% is acceptable, we must not forget that the retracement of this main Wave 2 was very strong. A retracement to the 61.8% (golden) is also a possibility... but demande will be strong before this halving. Thanks every comment is really appreciated.

Current retracement status : 0.462 9064.93$
Possible retracement of W4 : 0.5 at 8661.48 and 0.618 at 7408.67$

People who want to see my prevision on LTC just click on this link, market makers are following it since June 7th :-) 100% accurate :  
Trade active: What i see short term is a retest around 12k 12.4k and a fall to 7.4k. I don't think we will go lower than this short term.
Trade active: Lots of sell pressure, this prévision is going well for now
Trade active: Potential buying targets
Trade active: Be calm this is our golden pocket guys :-) This looks pretty bearish to me. A lot of people gonna get wreck. if my EW prevision wound up to be good, i see a potential drop to around 7250$ region where daily MA 200 and 600 are crossing, also it coincide with the golden fib retracement :-) ! Look the same happened june 24th and 29th 2018 with the double bottom and after that highers lows formed august 14th and oct 11th 2018

Comments

Crypto_Mercy karthiksai
@karthiksa thanks for sharing m’y friend
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A distribution to 5625$ Is possible 78.6 fib
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Other possibilities -


The reason why I think we are still in correction phase of multiple year bull cycle is that the correction(ABC or ABCDE) to the 5 wave impulse move should cover more distance and take more time than the bigger of waves 2 and 4. The distance covered by correction is already bigger than wave 2 and 4. Only time of this correction is smaller than wave 4. With the current market sentiment and bakkt news, we may consolidate above 9000 usd and move higher and have a top flat bottom rising correction.
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karthiksai karthiksai
@Crypto_Mercy, Some TA I did -

I think, I am spamming your article with these comments. Will share a private article with you where we can discuss different types of wave counts.
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karthiksai karthiksai
@Crypto_Mercy, Ignore the text in the above chart. I took the screenshot when I was asking Amjadsid about the wave count.
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karthiksai karthiksai
@karthiksai, Been digging to find out the answer. I think I found it.
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We have weekly EMA 21 at 8739$ and EMA 55 and 100 between 7367$ and 7404$
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