KondrackiKarl

Bitcoin next leg down, target $7250ish?

KondrackiKarl 업데이트됨   
COINBASE:BTCUSD   비트코인
Looks to me like we are finishing up the Any Three X leg of a WXY.
Thinking we will see a Zig Zag rapidly dropping us to $7250
Falling Three Peaks playing out. Channel holding strong.
Estimating next Third Impulse up begins August 26th


Estimate established early July


코멘트:
Potential Triangle forming
books say triangle always occurs prior to the final wave
Bearish Hanging man formed on daily
Fib Circles show a potential reversal
Watching for position

코멘트:
Upthrust before mark down?

코멘트:
Current thoughts
Lots of bullish sentiment, I still remain bearish

코멘트:
코멘트:
Estimate, shorting next lower high

코멘트:
Thinking $11500 (60ema) will be our higher low
but Camarilla pivots show potential at $11700

코멘트:
Last 4 hour candle for the day
Expecting a reversal soon

코멘트:
코멘트:
Rough estimate
Thinking we will bounce short term around $9600
코멘트:
코멘트:
Re-entering my short targets
If we break above $10350 then I will watch for an entry at $10550
Low probability target at $11100

코멘트:
looks like an ending diagonal with RSI divergence

코멘트:
estimate
코멘트:
Just noticed, we may be making a bearish bat
price estimate, date/time not set

코멘트:
Estimate
Thinking we are still working on the A leg of a Zig Zag
Targeting $8950 before the ABC - B leg of ZZ
I cant see this being the E leg of A of a ZZ
daily candles dont look to fit an A leg of ZZ

코멘트:
Thinking my estimate of the Zig Zag could be too compacted
Alternate estimate I am considering to prepare for

코멘트:
Alternate estimate #2
코멘트:
As an updated view of original estimate
코멘트:
Two current estimates
Im still learning characteristics of Zig Zag (alone or in combination)

Higher Target $7600
Lower Target $7250 (last update image)

코멘트:
current estimate

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