Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
BTCUSD We are going to free fall through 6400 & 6k
Bitcoin
Short
BTCUSD We are going to free fall through 6400 & 6k
By Gojira-san
Follow
Follow
Updated
Apr 9, 2018
6
Cheer
Cheer
1
1
Apr 6, 2018
Elliot wave analysis with freakishly accurate targets so far. Highly matches the 2014 bear fractal.
Retraced 61.8% just like last time providing 80% odds of retracing to the median line (which happened on last 61.8% retracement also)
The chart suggests that we can have only a minor bounce at 6400 or 6100 and then freefall down to match the timeline (which has been perfect so far).
Stay safe,
Gojira
Apr 9, 2018
Comment
Broke out of the channel and got pulled back hard further strengthens the theory that we are still in this downward channel.
Timeline should be drawn out to the green 61.8% fib channel.
Bitcoin (Cryptocurrency)
bitcoinforecast
BTC
BTCUSD
BTCUSDT
Chart Patterns
Trend Analysis
Wave Analysis
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.