BITFINEX:BTCUSD BITMEX:XBTM18 TOPS AND BOTTOMS: Bitcoin Guru's always tend to be able to do them effectively without any mis-steps or errors. When they're wrong; you should have done your own analysis, & when they're right; you're a noob if you didnt take that call. So why not just trade the opposite of what they say? is it possible to aggregate market ...
btc just dropped hard and is trying to bounce back. if we can get a confirmation and breakout from this current resistance this is the possible play. this should play out the next few hours. if btc cant breakthrough theres a big possibility we are going down again and we might see 7200 as the next resistance
our tight stop loss got hit and we are looking to short btc now. looks like our previous wave counts were wrong and btc couldnt not push through 8600. this count has extended wave 3 and 5 and looks to have btc dropping with a big correction incoming. bearish divergence on the macd , rsi , and volume
after rushing over the 1.618 trend line, btc has found resistance at the 2.618 and got rejected twice at the top of wave 3. bearish divergence all over the place from the volume to RSI and macd. rising wedges are forming and its been oversold for more than 4 hours now. drop is incoming for wave 4 correction