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B U L L R U N!
15.1.18 - top
5th wave completed
Chart doesnt matter. Whale control the price.
Buy the DIP.
Strong fall --> Big Bounce
STRONG SUPPORT: 4000 $ - trend reversal
1 st target: 6500 $
2 nd target: 7500 $
MAJOR SUPPORT: 3500 $ (worst case scenario).
Long waited bottom: 4950 $
Downtrend: last 10 days
Uptrend: starts now...
5 elliott waves + huge support + much more buy orders then sell orders + BTC oversold!
First target: 6400 $ - first wave
Middle target 1: 7400 $ - second wave
Middle target 2: 8000 $ - third wave
Second target: 8800 $ - fourth wave
Final target: 11500 $ - fifth wave
You can still make money on BITCOIN, but:
Do not buy at HYPE.
Be carefull about BULLTRAP.
We are still in downtrend.
Sit back and just watch this price manipulation.
1st support: 5500 $.
2nd support: 5000 $.
Next target: 250 $. Not enough power to reach 300 $ level. Lot of sell orders, didnt follow BITCOIN bounce.
Still in downtrend, forming H&S pattern, target: 4900 $. Bulltrap like August 12.
Price Has Travelled A Massive Distance Already... - Definition of BullTrap
Yes, BTC will reach 9k level again, but first is going down.
Big sell walls from nowhere? - price manipulation.
Cause of that BTC have long accumulation process.
Short: 7000 $ (between 6800 - 7200)
Neutral: 10000 $
Long: 7000 $ or less.
- 6800 $ first support
- 7000 $ right now
- 7300 $ first resistance
SELL: 65 E
Seems like not enough power to create one more spike.