85 % profit to do on 5 swings if this scenario work . Condition :wave d can not go lower than 3140$ and wave (5) in green have to respect the 100%fib ratio ,if it go to 1.618 level ,it will be an other scenario . Good luck and don't forget to like for suport my work if you like the idea
ABC wave for find the wave 4 See link to related idea for understand
End of this wave coming now (target 3170$) then up up up ! for now it follow perfectly my original idea (bullish crab pattern)....don't miss it
Actually in an ending diagonal ,building the wave 4(target green fibo) ,then more way down for find the 5th wave of the ending diagonal with a nice bullish crab pattern .Once D point will be find (between the 2 red line) ,diagonal and wave ||| will be finish and a nice pump should come for find the big wave 4(target pink line) followed by a nice dump for close the...
Bitcoin bounced on the oblique line and many think than now it's ok ,impossible to break this line it is the last suport impossible to break it or Bitcoin is dead...do it is what you think ? I strongly think than we are going at 2500$.In my previous post i mentioned the WXYXZ structure as the corective pattern of this 2018 cycle and i thought than it will play it...
Wxy structure look to be complet and it could be the botom .Or the structure continu with the last wave Z .Good oportunity to take position now for play the coming bounce
Chart is wonderfull : 4h Rsi indicator is on suport and just need a bounce for a jump .We can also notice a divergeance (green arow) Stoch is bouncing After piercing through the last 2 spike resistance ,volumes are above previous highest spikes and holds the support... =wonderfull buy (stop loss 1590 ) Actual price 1720
Perfect ABC ZigZag corection ending at 1.618 ,botom consolidation in a wxy wave ending in a triangle i guess Stop loss under 620
Double zig zag (WXY) and AB=CD or ABCD pattern in a rising wedge TP :142 -150 -155 Trade should end tomorow 10:00UTC
Wave 3 is an extended wave (4.25 × wave 1) and should end around 150 sato Wave 4 =0,236 or 0,382 or 0.5 retrace of wave 3 .(182 or 218 or 240 sato) Wave 5 have to be 1 or 1,618 or 2.618 × wave 1.
Under the red line ,lot of luck to go meet the green lines If it hold the level ,it can be a new rally
Nice oportunity for a quick 20%profit with potential cup &handle for retest resistance
Trigger/Btc double botom on the suport trend line ready for a new wave
Right now into the end of symetrical triangle marking the end of wave 2 Elliott Wave in a tripple three pattern WXYZ
A close above 1240 could be a good signal for a potential reversal H&S
People belive than once the trend line (in green) will be broken ,Bitcoin will start a new bull run...I belive the oposite with a new low than the previous after have break this trend line...we will see very soon how it act