Bitcoin - Before the Bottom

2018년 1월 17일Chase the C leg of ongoing pullback. Its almost always a 5 wave count.

Exit at wave (4) : 11100...11750
Target for wave (5) : 8700

P.S. : Beware that rest of the exchange charts are a little lower than Kraken.

2018년 1월 17일

코멘트

Wave (4) completed as expected. Sleep in fiat.
Wave (5) will be studied again as wave (3) is over-swinged.

2018년 1월 18일

코멘트

Several unsuccessful attempts to break C leg. Its safe as long as H4 closes below 11832 (0.5 fib). Swing trade options start above that.

2018년 1월 24일

코멘트

Stall on pivot line. As leg (4) swinged higher to (0.382 fib) upcoming leg can be lower than mentioned above.

2018년 1월 24일

코멘트

Bulls are tired and unreliable. Risk/Reward is to high.

2018년 1월 24일

코멘트

2018년 1월 25일

코멘트

TP @ 11650 --- Profit +1%

Too many resistances to tackle with, recent lower leg is damaged but still bearish.

2018년 1월 25일

코멘트

Bears won for this leg.