- Wave 3 completed - And Wave 4 has 3 different alternatives and the dip one is 4700 for my calculation. - RSI indicates a drop also.
We are going to see wave 4 (ABC) correction and after that we will be able to see 6500. RSI also says sell now.
BTC is on the 4. wave and heading to 4500 then we will see 6500 soon.
BTC USD New Head And Shoulders Pattern is on way.
Bitcoin price will drop in short term as happened previous elliott C wave.
BTC/USD will see a new ABC correction and will touch to 7700
To my analyse BTC/USD has always hits blue-dat line by ACB correction. Not it is time to hit again !
BTC/USD needs ABC correction in short term.
The Elliott 5 basic waves will take us 7200 soon.
As i mentioned 1 month ago BTC/USD went to the C wave.
According to Elliott Waves it is possible soon. Lets see what will happen..
BTC is about to break Long Term Resisand Line. If it would break and can stay on it for a while 8K and 9K is very soon. Twitter: @zobiyen Steem: @zobiyen
Bitcoin has a 6th month anniversary from Jan 6. BTC has seen the dip and top points at 6th of every following months. Now the next 6th is June 6. And also Long term resistant level and Long term support levels cross each other at 15th June. The next 6th month anniversary must be the bullish starting indicator for 2018. I hope this is gonna happen. Good luck everyone.
BTC made a pathway itself and is going on that path for a while. After correcting ABC now it is bullish 12345 Elliot waves.
After ABC correction BTCUSD made a new channel way to $7850. In this channel 12345 upward Elliot waves are in progress. When wave 5 reached it will touch to the long term resistant level. steemit.com
Bitcoin was moving in a long slow downward channel. Now we have an opportunity to break this downward channel. We will see in a few days whether or not to pass it. If it passes, it catches an upward movement. Please do not hesitate to write your comments !
Bitcoin (BTC) is taking the ABCDE symmetrical triangle before the 5th elliot wave.
BTC is going to complite wave 1,2,3, 4 and 5 then the correction A,B,C - Sell at wave 5 then wait for lower to buy.