jpbrshort

BTC Forecast 2h

Long
BITFINEX:BTCUSD   Bitcoin
This forecast is pure and simply based on Elliot Waves and Fibonacci levels. Accurate on every pivot point and mayor resistance so far.

Right now BTC is finalizing the creation of A wave of an ABC correction that is going to end in the 0.618 level crossing the main downtrend.

Forecast:
Short term: LONG. 9400 - 9600
Medium term: LONG 9900
Long term: SHORT 6K

Let's see how this goes.

You can follow zoom in and zoom out in related ideas, I've drawn waves and Fibo levels for daily, 4h, 2h and 30min timeframes.

Good profits everyone.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.