Schoppenhagen

Al things come to an end (BTC target 6834)

Long
Schoppenhagen Updated   
BITMEX:XBTUSD.P   Bitcoin
The bears (shorters) amongs us were in heaven yesterday.. Unfortunately i thought we would reach 7522 first before we go down.
Obviously my stop-loss was hit, hit hard ;)

Now we are around 6400 and we need to retrace at some point and i think this point is reached. First stop will be 6664 and if we can extend that wave we will hit 6834.

Afterward we need one more correction wave (target 1: 5861 - target 2: 4879) before we can look up.
I personally think we wont go to 4879, because that will mean we break with a major trend.

Dont forget to like my ideas and follow my channel when you enjoy what i am doing here!

Note: I am not your financial adviser... Just want you to ride along and have fun... NEVER use money that you need for other stuff ;)
Comment:
BTC is retracing... One more push to reach our first target....
Comment:
As long as we don't pass A (wave) we could still be in B wave....

But i also see that the retracement we had could be our B wave.
This could mean we are going down to at least 6195 right now.

So be very careful and use your stop loss....
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