alexishistory
Long

Bitcoin potential final push down before big move up?

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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We have moved down in what looks like 2 legs on the 12hr. Look ready for big move up after leg 2 on 12hr is complete.
It may already be complete or we may do leg 3 down on the 3hr. If we do this will be a great buying opportunity.

If you look down inside every 3hr leg I have drawn you can count 2-3 legs inside it on the 1hr timeframe. If we push down for
a leg 3 on the 3hr you need to move down onto the 1hr time frame and wait for at least 2 legs down 3 to be safe before buying it!
We got a leg 3 on the 12hr check my latest chart.
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Looks like leg 2 on the 1hr might be done.
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