BuyBitcoins

BuyBitcoins

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BuyBitcoins Updated 

Not much to say at this point.

BuyBitcoins Updated 

The doom did not happen quickly. The impulsive wave up after the top at (1) was surprising. I believe this correction still has a LONG way to go.

BuyBitcoins

Just a quick update. Still evaluating. I would not short here.

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The only point that matters now...

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Classic ending diagonal to top it off

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The final rise before resuming the downtrend.

BuyBitcoins

Corrections are often the most difficult to trade. I have no recommendations, just ideas.

BuyBitcoins

The pattern is still valid, just a longer consolidation than I initially expected. May need to re-evaluate if it breaks this 61.8% and holds for any significant period of time.

BuyBitcoins

This should develop into a 5 wave down. From there, I suspect a bounce but do not rule out the possibility for immediate doom.

BuyBitcoins

It is unclear if we've had our (XX) already or if this will turn out to be a flat correction before resuming the downtrend. I suspect this will be a flat but do not rule out the possibility of already having the correction complete. I do not believe we will see a zigzag to the upside to .022 or higher as X waves are unlikely to be the same pattern as the ones they...

BuyBitcoins

This is a closer up of what I suspect is a triple combination

BuyBitcoins

I think this triple combination is completed making up the X, ready to continue the downtrend. See part 2 for the actual triple combination. Part 2:

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This looks like a triple combination that needs to correct

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Sometimes it seems the more you know, the less you feel you know.

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Shorter time frame

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Pretty good entry for a short here

BuyBitcoins Updated 

My last update for a while