BTC: what i see happening over the next 24 hours
Updated
using Elliot waves, fibonocci levels and a reverse head and shoulders I expect BTC to hit 9k over night then retrace back to around 8.4k before it tops out at approx. 9.4k. by tomorrow night (North American central time).
Comment
well we had a bit of resistance on the 2 sub-waves (yellow waves) getting upto our 9k target. it took longer than I thought (although the pull backs hit approx. the right levels) but I think we are on the way now. :)Comment
soooo much resistance. my new target high is about 8850. I think I'm going to cash out at 8800.Comment
well It made it to the 8.9k level which I'm happy about but I'm starting to question whether it's in a cycle where it is headed back to 8.4k now or it might actually be in a mode where its going to retreat a bit and then top out at 9.2k. but I'm done for the day.Trade closed: target reached
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