UnknownUnicorn1161021

UnknownUnicorn1161021

Be cautious when catching the falling knife.

UnknownUnicorn1161021

Elliot Wave ABC correction from peak. Conservative buy targets are $2.8K, and $1.5K, this is as low as I see price going. Still much more likely than people think is possible.

UnknownUnicorn1161021

Title says it all. Target is 4.3K

UnknownUnicorn1161021

Title says it all. Target is 4.2K , and then 3.8K. Accumulate at these levels !

UnknownUnicorn1161021 Updated 

BTC is way overbought on the chart, similar to 2017 peak levels. A correction must happen. I'm expecting a retrace back to 78 Fibonacci level, which will meet the ascending trendline from $3.1K bottom. Many buyers present at the $3.6K price area. Possible double bottom after that but too early to say how likely is that.

UnknownUnicorn1161021

Idea updated. BTC is still way overbought on the chart, similar to 2017 peak levels. A correction must happen. Considering the bull flag that's forming, I'm now expecting continuation up to 6K level then a retrace back to 61.8 Fibonacci level, which will then bounce back to form a down trend. Many buyers present at the $3.6K price area. Possible double bottom...

UnknownUnicorn1161021

BTC is still way overbought and consolidating on the chart, overdue for a large correction. I'm expecting a retrace back to 78 Fibonacci level, which will meet the ascending trendline from $3.1K bottom. Many buyers present at the $3.6K price area. Further lows after that in a bear market extending through late 2019.

UnknownUnicorn1161021

XBT sideways vs bull movement can effectively be tracked using the ADX slope. Blue arrows are for bull/bear trends and Red arrows for sideways trend.