Another short update on BTCUSD.
BTCUSD
Last weekend we almost perfectly hit the 0.5 retracement @1190$, it is very likely that the uptrend now came to an end.
A drop to 8200$ could be right around the corner, however a detour to 11500$ is still possible.
Stay tuned and manage your risk, don't underestimate this market.
I will watch BTCUSD very carefully in the next few days and will announce a SHORT if possible.
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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
BTCUSD
Last weekend we almost perfectly hit the 0.5 retracement @1190$, it is very likely that the uptrend now came to an end.
A drop to 8200$ could be right around the corner, however a detour to 11500$ is still possible.
Stay tuned and manage your risk, don't underestimate this market.
I will watch BTCUSD very carefully in the next few days and will announce a SHORT if possible.
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.