BTCUSDT : ONE MORE DIP ?

Hi guys,

Just a little post for BTCUSDT. According to this projection we might see an another dip. Lets see.

$h chart :

Simon.

Comment:

2 & 3 may be just 1 target. By stating this we heading toward 8k

Trade active:

India banning crypto money transfert. Lower lows may follows, remember china ban on ICO and its effects on the price

Trade active:

dont try to catch a falling knife :

Comment:

wave 3 to 4 are often pattern. this may extend in time the projection and might create a false bullish sentiment to the uninformed.

Comment:

like i expected we might take some time between wave 3 to4. forming an SHS pattern :

Comment:

next hours gonna be important. 4h chart shows fight between bulls and bears

Trade active:

going to sub 10k soon according to my projection

Comment:

Exciting weeks for the traders who wait the dip. have fiat ready. i will post how to ladder in properly with lower risks later.

For now, we can see some news justifying the projected trend (+india ban) :

cointelegraph.com/ne...-street-cio-predicts

cointelegraph.com/ne...-existing-tax-policy

Comment:

expect ongoing ABC pattern in wave 5. by this, wave 5 should land at 9000-9300. then update (new post will follow).

Comment:

FYI : when i write ABC pattern it means that we made A and going toward 10 988 for B then 9000-93000 range for C.

Comment:

in picture :

Trade active:

target wave 5 still valid

Trade closed: target reached:

End of the correction at 7500-7750 (next low, if there is one).

Be as carefull with the ones that keep calling for lower low as you are carefull toward people that keep calling for ATH one after the other.

Here is an another perspective but with same end of correction target, by Hae Jin Lee : steemit.com/bitcoin/...e-a-ghosting-fractal