Raul_Dominguez

Bitcoin Close to a Short-Term Top

Singkat
Raul_Dominguez Telah dikemas kini   
BITSTAMP:BTCUSD   Bitcoin
BTCUSD

Looking at the chart of Bitcoin, it is very extended on the short term, and at least, a small correction is due.

Based on my short-term Elliott Wave Count, starting form the $5,500 dollar level, we are about to finish a short term wave 3, today or tomorrow, at about the $9,700 level. From here, I’ll be expecting a wave 4, that should last about a week or so, that should take us back to around $8,000. Before a 5th wave resumes and takes us to $12,000 or higher before year ends.

Also, short term MACD indicator is on sell signal.

Good Luck to You
Komen:
I just wanted to point out that the RSI in the daily chart is at a level where previous corrections started.

Komen:
China attacking Bitcoin again, consolidation has started.

www.coindesk.com/chi...-violate-regulation/
Dagangan ditutup: sasaran tercapai:
Now that we have retrace about $3,200 points from the top of about $11,200 to $9,000 in Bitcoin, in a two wave move, abc, the decline that I was calling about in this post may be over.

Good Luck in your decisions.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.