nathanwelch

nathanwelch

A review and my current take on bitcoin/usd. My opinions are labelled within the chart to make it clear and precise. Good Luck

nathanwelch

The date of the predictions is not relevant as I don't do time analysis Only if the correction were in holds and a impulse wave failure doesn't occur And assuming we dont have another mental christmas period

nathanwelch

Long swing position soon Ladder buys in that green zone Peace, Love and Crypto

nathanwelch

Just a little more detailed elliott wave count based on fib and supports. Peace, Love and Crypto

nathanwelch

My current count and where I added to my positions. Was an easy short with everyone talking about btc to the moon it was an obvious short play to me and have made easy money hitting with my targets clearly with precision. Could have played the B wave but the risk: reward wasn't there for me. Peace, Love and Crypto

nathanwelch

This is a rough estimate of how I see bitcoin playing out at the moment. Peace, Love and Crypto

nathanwelch

The chart is full of too many failed impulse waves, therefore, Its very difficult to find an Elliott wave count. Despite this, I believe we are near the end of the correction as a perfect (golden ratio of fib) lies within the apex of two major trend lines. If the chart continues into the apex I expect a big move up or down and will have to be played with caution....

nathanwelch

With the bearish flag forming and holding as a strong support, bouncing many times. I personally believe that a strong downward movement is imminent as it cannot continue to hold. Each time it attempts to uptrend the 55 ema (yellow line) acts as a strong resistance. The RSI is forming a symmetrical triangle which is also a sign a large movement in price could...

nathanwelch

A bearish flag has formed and held as a hard support, however, I believe eventually it will break and reach the targets I've set. Using Fibonacci to calculate the targets. I'm using GBP as it's my currency but the targets can just be converted :) PEACE, LOVE & CRYPTO

nathanwelch Updated 

All info on the chart

nathanwelch Updated 

Near completion of B wave in ABC, expect downward movement soon for C wave. Could it be double bottom if bullish enough??

nathanwelch

Bearish short term but could be the end of the correction soon after 1 more wave down to complete the ABC correction. New to the crypto game so helpful advice wouldn't go amiss