BTC-Building a Bottom-Correction Sequence
Updated
BTCUSD is currently in a correction sequence. We are in the Wave B position in Sub-Wave 3. BTC is a STRONG BUY (Long-term)
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Wave A was formed by 3 Sub-Waves. Since Wave A was formed by 3 Sub-Waves a Flat Correction (3-3-5) sequence is expected.
Wave B is currently underway and will be completed by 3 Sub-Waves. Wave B typically retraces near 100% of Wave A.
Wave C will be completed by 5 Sub-Waves and will turn into a Wave Sequence when completed.
Wave B estimated to be completed in 1 day 18 hours
Near-Term Target: $3,383.00
Will update.
-AB
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Price Action update:Comment
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Notable Fib Time Date: 1/9/19Comment
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BTC estimated to bottom in 7 days...Comment
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5 Days...Comment
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B Wave - Sub-Wave 3 underway...Target remains.
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We are getting close to the target...Comment
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Dr. Raja FloresComment
Please excuse above remark...Comment
Target almost hit...Comment
Approximately 13% gain if my target of $3,383.00 is hit...Comment
Currently, we are at a 10.48% gain...Not bad...
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Target close...Comment
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Trade expected to be over very soon...Trade closed: target reached
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