BTC Trading Channel

10 Jan 2018This is the channel I identified the other day and today it reached the bottom. I predict a top of BTC at 18k on 1/16 assuming this channel remains valid.

11 Jan 2018

Komen

Alright so this SK FUD put a dent in the channel but we're getting back on track... may delay the target by a day or so. Let me know your thoughts or feedback!

11 Jan 2018

Komen

AlanMasters, the only trader that has gained my confidence, has now identified this channel as well.

15 Jan 2018

Komen

Alright well SK fake news didn't help but BTC has been struggling to stay in this channel for some time now. I think it may be safe to ascribe to the Elliot Wave Theory, assuming I and others are applying it correctly, along with a Fibonacci Retracement.