We have just completed a full on ABC. Wave C have just finished its 5th wave, of the 1:1 fibonacci of A-B, which indicates that we should see a upward movement.
Also the 4H RSI is telling us that we have a bullish divergence which confirms the Elliott wave count.
A movement up to 3900 is reasonable, as it is the top resistance of the falling wedge.
Hello Good People,
The chart displayed above is examining a possible fractal pattern on bitcoin for a possible SHORTING opportunity. As you can see BTC has repeated this pattern on 3 occasions in 1 month. On the green circles, you can observe 2 big red candles, followed by some side movement and finally another drop.
I think we might be in for a drop into the...
Results of the first test
I say this in all seriousness peeps. Once we hit 3397 - yes I'm calling it to the dollar. Bitcoin will be at the lowest point it will ever hit for at least the next 25 years. That's right, I'm calling it to at minimum the next quarter...