Not yet over, but very SOON!

Updated

Hey guys,sorry long time no see in public Tradingview, was busy doing personal TA projects . Will try to make more charts in the future here. So, let's jump into today BTC/USD chart. At the moment we see a huge selloff, and ofc people asking where it all ends. From my point of view we broke major structures ( 14500 and 5800-5500 area). Going into 2019 winter its the time to bottom out ,will show more indepth TA in this post with screenshots on why i think so. If you ask me where to buy BTC, i will say NOT NOW, the reason why is that we actually forming a 5th Elliot wave right now and its almost coming to an end. 3200-2700 area is where we should see a huge buying volume and we will slowly start a new uptrend to 6800 as first target.

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2015 bear

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i count my waves using specific indicators to confirm end of every leg

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Trade did play out for a good profits, but it's early to go full bull from here. Overall structure is still bearish

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Here is an update for my next trade

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if we touch 4250 zone i will expect a trend continuation (YELLOW), If we wont i expect bear scenario whitch is breaking of 3700 area and follow up to 3300ish (BLACK)

Trade closed manually

Risk atm is higher than a reward, trade is done.

Trade closed: target reached

Pyrex1lol

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