It looks like Bitcoin is preparing for a large impulsive wave up. This is either going to be Wave C or Wave 3, depending on how the market reacts towards the end of this wave. The bigger picture appears to be either a Complex correction or a Flat, which we are in the final wave of. (y or c respectively) On this chart, you can see that we have a nice impulsive...
Don't get too excited, but it looks like we're on the cusp of another huge dump. :) This up coming wave could bring us all the way down to 162 usd. The reason why I posted on Huobi and not on another exchange is because hooby has the nicest bat formation. The big wick makes a very nice top and will most likely not get broken. Other exchanges may make a...
EDIT 2: This chart was the obvious winner... Wave 2 are rarely triangles. This is the alternate count that I am currently favoring over the last chart I published (). Looking at the 3H and above there is a pretty big bullish divergence all the way up to the 12H. My original thinking, that I published in my other chart, was that since wave v (on the current...
Great place to start re-opening shorts with a tight stop-loss. Counts on the lower time-frames support the ending of Wave 5 of 5 of c of 2 of (3) There's also a big bearish momentum divergence on the AO at this time-frame and a 62% retracement of wave 1 of (3). Since this appears to be a Wave 3 of (3) on the horizon the next drop will be extremely strong. Bulls...
This is one of my tipical swing trade setups. Can you spot the signals in the chart?