buabue89

buabue89

First correction seemed to be longer than expected, however, 12 k is holding nicely and Will most likely send back BTC towards 10k. If BTC breakes down the simetric triangle, the goal is 6k, which is the same goal of the third Elliot Wave. In that scenario, and if the 2nd correction is confirmed, a low risk trade from 6k to 4k expecting the 5th wave which is the...

buabue89 Updated 

Against odds it seems that Bulls managed to hold the 9k support and BTC confirmed a double bottom. If this is confirmed today 10.8k Will be a crucial resistance. If it is broken BTC Will aim for the 12k goal, however it seems to me that hasn't enough momentum to go through. Im still bearish middle term

buabue89

Big short opportunity in LTC if confirms right shoulder formation. If BTC doesn't hold 10k and start its path towards 8k or even less (6k) LTC Will confirm the left shoulder formation giving a Big short opportunity with 75% returns, reaching its lowest previous levels in 2018 (20 LTC/USD). As i said before, these big formations depends on BTC which is quite...

buabue89

Even if i don't like using Elliot Waves on BTC, i Will leave you here this case where BTC returns to april values when in my opinión, had much more sense since there were no fundamentals (except Facebook^s new coin) to give the boost it got throughout these last three months. If people called me crazy because i see BTC returning no 6k in the short term, now im...

buabue89

I've seen many people quite bullish right now, however i dont see it that way, BTC just finished and s-h-s, with goal around 6k, BEWARE