Im predicting a large wave 3 elliot wave from the bottom ($7700) going up from there
Wave 3 Top Target - $12700 - $13000 / or $14600 if it breaks the 1st option
I'm calling the wave 3 top @ $12700-$13000 due to
1. TWO matching .50 Fibonacci retracement confluence on 2 separate Fib retracements { }
2. Also but not so important; Previous Resistance @ $12800...
Large IH&S Pattern concluding on around 2/15 or 18th
I will be shorting when BTC reaches around the beginning of the right shoulder $9-9.3K and going long at the bottom of the right shoulder
Maybe 6 or 7K
I will ride up on the right shoulder and will decide from there, but most likely bullish after confirmation of conclusion of IH&S
inspired by:
twitter.com
