


Inverse head and shoulders in the making. Wating for CONFIRMATION before entry
Divergences are visible on lower timeframes as well.
Possible 4th wave Long term correction about to end. 22.00 MXN to 24.00 MXN possible targets (Long term) Hidden Bullish divergence on accumulation and distribution.
My previous analysis showed a huge HIDDEN BEARISH DIVERGENCE on the weekly. Now, this is yet another hidden bearish divergence on the 2 day time frame stoch. There is significant selling pressure around $4,400. U.S.D There is also a normal bearish divergence on the 20 Hrs. Time frame. this one i will show on the next analysis. Remember. This are all important...
Chart speaks for itself Weekly hidden bearish divergence. my price targets 1. -$2,500 U.S.D 2.- $1,800 U.S.D 3.- $ 800 U.S.D (Unlikeley but possible)
Its a Hidden bullish divergence on the stoch 3 day time frime, possible reversal to come.
The head and shoulders is forming up but there are multiple bearish signals pointing out to a double zig zag correction. it could be a trap.
We might be in for a Bearish Breakout
More Bearish Divergances appear on the stochastic.
Im zooming in on the Divergances presented on the previous idea (4 hrs)
Momentum Volatility and Acceleration are on divergance with price.
The divergance spans trough various time frames.
Triple three wave B of wave B of the 4th wave, (Wave Z,s Wave C. is too short but still) wont dig deeper into this but will keep monitoring development.
Beginning wave 3 of wave C of wave B in the possible flat forming as a correction of wave 4 of what i think is a wave 3 of a wave 3 in the daily. I think this could be an expanded flat because the price target of the inverse head and shoulders goes above the support of wave 3 of 3 Daily.
Daily ( Blue) 4 hrs (Geen) and 15 minutes (Red)
Theres a descending triangle forming in Z-CASH 4 hrs. I think we are in the last (truncated) 5th wave in 2/5 of wave C (daily A,B,C correction). wave 3 seems expanded and wave 1 is really vertical and also happened quite fast so a truncated 5th scenario seems reasonable to me, also. The 5th wave is not moving further than previous wave 3 ending.There may be a...
I think we could hit $5,000.00 reverse into a 4th wave to around 4500-4600 and then start a large extended 5th wave (this time breaking through $5,000.00) Or break over $5,000.00 and continue into a larger 3rd having a steeper correction for a 4th later on.
My take on btc for october the 10th 2017