Good afternoon all,
in my last analysis i expected bitcoin to retrace further up till around the 4600/4800 region and make a bigger and complexer correction but it did not. (correction are always the hardest to predict, and there was no short squeeze).
In the coming few days this is one (my primairy) of the options imo (i will see if i can make some time to chart the other options) .
I still dont think we hit any bottom, if i look @ the structure of the waves i think we still have to go deeper.
My short term target (coming days) is around 2900-3100.
Pls also check my long term prediction from august linked below;)
in my last analysis i expected bitcoin to retrace further up till around the 4600/4800 region and make a bigger and complexer correction but it did not. (correction are always the hardest to predict, and there was no short squeeze).
In the coming few days this is one (my primairy) of the options imo (i will see if i can make some time to chart the other options) .
I still dont think we hit any bottom, if i look @ the structure of the waves i think we still have to go deeper.
My short term target (coming days) is around 2900-3100.
Pls also check my long term prediction from august linked below;)
Trade active:
a little update
Comment:
another update....
Comment:
the 4th wave is in i think.... it was a little more complex then my last picture (what was to be expected since the 1-2 was steep. here is where i think we are now
Order cancelled:
had to adjust the count of the 3rd leg of the 5th. on higher timeframe nothing changes. We didnt reach the target mentioned above .
Right now i think we are busy with the blue 4th wave... see my new trading idea for that count and updates ofcourse...
Happy trading!
Right now i think we are busy with the blue 4th wave... see my new trading idea for that count and updates ofcourse...
Happy trading!
