trader_jackson

BTCUSD Nearing End Of Wave (3), Long-Term Long

Panjang
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BITFINEX:BTCUSD   Bitcoin
Short-Term $1000 correction.

It appears we have nearly completed wave (3). As soon as this is complete, expect a ~$1000 correction for wave (4). Between $6000 and $7500 we are in risky territory of wave 1 Circle being complete and a deep correction for wave 2 Circle.

This is really just an update on the linked chart below, so nothing has changed.
Komen:
Negative divergence and we are above where wave (3)/(5) or 3 Circle SHOULD end...still haven't seen a (larger) pullback for 4 Circle.
Komen:
I still haven't seen a significant enough pullback for wave (4)...we may have only just completed wave (3).
Komen:
BTCUSDSHORTS are plummeting (straight down from >32K to 16K), be wary of a significant top.
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