euromotives
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BTC to retest 8200?

COINBASE:BTCUSD   比特幣 / 美元
Watching for this scenario. Either previous support above will become resistance,
or it will show more buying again. So watching that zone.
But looks to me like a wave 3 is done, and a larger wave 5 to come.

Will look to add longs at either 8200 range, or if previous support does not resist.,

評論: Wave 4 went a little higher than expected before dropping.
And it is currently at minor support, so it may bounce here.
But that impulse down looks pretty strong and unfinished yet.
評論: Might have found some support just above 8250 and above 4.618 extension of this micro leg down. But it cut through two other 618's from larger timeframes, so I expect the ABC to continue as planned
評論: Still on track.
I think one last micro 4 up, then complete micro 5.
The Daily S1 pivot created a bounce, but I dont think it will turn it.
評論: .
Almost there, lets see if support holds
評論: .
Some support found at a 7.0 Fib extension
We might see a bit of bounce here, but I think the 8.0 is the destiny
評論: Maybe something like this?
評論: Ping .....
German cars Rock! If I am not Trading, then I am Driving.
Thanks for the updates mate...I still believe we are correcting to 7.8K...

Btw, would you be able to recommend any good resource for fib studies?
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