fibochenko

BTC near to end of third wave?

fibochenko Updated   
BITSTAMP:BTCUSD   Bitcoin
elliott: end of 5 of 5 of 5 of 3 around 65 to 68

and a harmonic pattern with end of D around 63 to 70

other signs:
possible3 drive near the resistance line of bullish channel

negative regular diveragnane ( RD - ) in daily and weekly timeframe.


So if price action confirms a berish scenario in that area (like breaking of trend lines or moving averages, its better to close long positions and even if you have good signs of falling, you can take short positions.)
Comment:
BTC reached to 64850 as its high, and now we see bears are in control and btc fell around 51. I think its in 4th wave and will see lower prices around 40000 and may be lower!
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