BTC-BREAKOUT IMMINENT-STRONG BUY

Updated
BTCUSD
BINANCE:BCHABCUSDTBINANCE:BCHSVUSDTBCHUSD

BTCUSD is on the verge of breaking out.

With the Hash War quitting down, I'm changing BTC from a HODL/Accumulate to a STRONG BUY.

I expect the move to begin in the next 6-12 hours.

Near-Term Target (24HR): $6,300

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Indicators:
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Will update.

-AB





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Note all the DEMA MA converging...

9
21
33

100
200
300
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24 Hour timeline almost up....
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Only have 3 hours left...
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Rally should be beginning...
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Wave is a leading giagonal incase you were wondering how it can violate wave laws.
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Breakout is getting close...
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Broke out of Leading Diagonal...
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Breakout should be in the next hour or so...
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Had a complex correction...

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Still expecting a breakout...
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Updated Wave Count

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We had wave failure...

Most likely because of the hash war...

Idiots...
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If that yellow trend line fails then I will start to get nervous...
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Yellow trend line held...

BTC should be ok...
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BTC needs to breakout here...
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Needs to get to around 4200
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Still bullish on BTC...

Trend Line still stands...
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Whenever BCHABC stops manipulating hash will be when BTC recovers...
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Most likely their (ABC) emotions have gotten the best of them and their logical common sense thinking skills are lost.
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BTC held trend and the breakout is now occurring...
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Primary Wave Complete

Now, Primary correction...

Target - $3750
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$3750 target hit...

Now, to move higher...
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BTC still looks ok...
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BTC is working on breaking out...

Key level is $3,400

If $3,400 breaks then expect and extending 3rd Wave....
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Getting closer to $3,400...
Bitcoin (Cryptocurrency)BTCChart PatternsElliott WaveelliotwavesanalysisTechnical IndicatorsLONGtradeWave Analysis

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