BITCOIN >>AUGUST 30<< LEVELS TO WATCH FOR REVERSAL

2018年8月30日

In my previous analysis I explained how BTC was moving toward a turning point in the $7200-7500 range. I still maintain that idea. However the 70% fibo of the previous downtrend could well be part of the correction targets. Wave 4 of C could still not be yet completed. I'll update the chart as it unfolds.


Remember, my wave targets and channels are estimate target levels and are based on Fibonacci and Elliot Wave Principles. They are subject to possible adjustments. Timeframe was not taken into consideration when projecting targets.
DISCLAIMER: THIS IS NOT PROFESSIONAL ADVICE BUT MY PERSONAL REFLECTION OF THE MARKET.

2018年8月30日

註釋

As expected wave 4 wasn't done. Maybe it is this time. I have adjusted the targets accordingly

2018年9月4日

註釋

I could be wrong on that. Looking at the BTCUSD coinbase chart, these could be the potential reversal targets. An extension is also possible to go beyond those levels.

2018年9月4日

註釋

wave 5 could have already been reached. Is it the start of the dump?

2018年9月6日

註釋

We may assist to a few pullbacks here and there. A few targets have been projected. I will adjust the chart as it unfolds depending on the wave count.