BTC-/USD - an EW approach on the outlook

BITFINEX:BTCUSD   Bitcoin / Dolar
Dilihat 356 kali
356 8
Looking for similarities in the fractalities and conclude future movements from that similarities in fractalities is what Elliott-Wave is about.

This count interprets the top at 20k as an overshooting corrective B, which is then according to the books followed by a impulsive and steep C Wave to complete the correction.
I find the overshhoting B viable mainly by its form, the allowed extension of around 162% , which depends which Data-Base/Coin-Exchange is chosen, and the typical steep and propulsive C Wave we have seen driving the price lower in dramatic proportions finding a first halt between 38% and 50% RT of the upmove , measured at the top at the counted end of Wave ( III )
As this Chart suggests, the Correction is still not over, and the Zone at around 10k could be a probable retracement.
So the micro-look of the corresponding lesser degree wave finds its macro-mirror in.between 50-62% RT Zone of the whole move.where a solid demand zone is present at 10k.
Komen: quick and dirty Variation- 15min chart

Komen: the bullish variation

Komen: honestly....a decent downer would complete the picture...looks quite unharmonic to me looking at the 60min i posted here,if it sky-rocketed right away from here...
I will stick with my short outlook...: BTC/USD heading for a restest of the lows ...or even 10 k...
But a bias is nothing but a bias and an antagonistic count should be at hand for everybody approaching the markets by means of EW...so he does not get stuck on it...
Dagangan aktif: 60 min Chart -Update-basic idea stays te same...now short term long chance

15min Cart-Update

the last wave looks like an impulse
@ypypy, yes, should be the i of V or a separate big C and the overall labeling has to be changed to a now running C, the top of your labelled (5) the to of the B , we will see...at least your channel has been broken by now...
Count of iii of C

buergernamebenutzenistillegal buergernamebenutzenistillegal
@buergernamebenutzenistillegal, the count in the bottoming is viable, but ugly, these phases of highest volatility can have such resulting counts...
if we subtrack 1.618*A from the peak of V of (III): 17160-(4400*1.618)=10040$ (0.5 fibo zone and zone of wave IV)
@ypypy, Thumbs up, yes, this would make the estimated target-zone
great work... please give the count of wave iii of C of expanded flat
ok , li'll zoom in on that
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikut Mesej Peribadi Sembang Daftar Keluar