BTC/USD ELLIOT WAVE COUNT-LONG TERM
Updated
In every situation there are multiple scenarios.... This is for some of us the most probable scenario to the rest of 2018:
Possible Optimistic Scenario for BTC/ USD by elliot Waves count analysis we can tell we are about to end an ABC correction.
After this last correction we can enter a large 1st wave upward towards 10 k-12k and test that price over the sentiment of people.
Future is getting more and more optimistic with all the good news we hear recently but we cannot say that we are in a bull market yet, we need a last move up to go out of the "super resistant zone" (6 k - 12 k). All this depends on volume entering in the next few weeks to the btc ecosystem.
Some good traders say we are forming a cup and handle,...
Some say we will go down more..
I personally think we have break the down trend about a month ago, and we are in our way to head 20k again in a more slowly but solid way. We will test again that price and depend on how stable and comfortable we feel in that btc/usd price will be the final result.
What do you think????
I hope we stay on a OPTIMISTIC SCENARIO. Remember the future is not created yet, we create the future we want.
Possible Optimistic Scenario for BTC/ USD by elliot Waves count analysis we can tell we are about to end an ABC correction.
After this last correction we can enter a large 1st wave upward towards 10 k-12k and test that price over the sentiment of people.
Future is getting more and more optimistic with all the good news we hear recently but we cannot say that we are in a bull market yet, we need a last move up to go out of the "super resistant zone" (6 k - 12 k). All this depends on volume entering in the next few weeks to the btc ecosystem.
Some good traders say we are forming a cup and handle,...
Some say we will go down more..
I personally think we have break the down trend about a month ago, and we are in our way to head 20k again in a more slowly but solid way. We will test again that price and depend on how stable and comfortable we feel in that btc/usd price will be the final result.
What do you think????
I hope we stay on a OPTIMISTIC SCENARIO. Remember the future is not created yet, we create the future we want.
Note
My private BTC Model... Possible spotted the Ascending leg path that we are about to enter.
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