BTC Cycle 1 still in progress target (8800$-9100$)

2018年7月27日

BTC Cycle 1 out of 5cycle.

Cycle 1 for Impulsive uptrend

Pattern Forming: Bull Flag

Target Ranges bewteen 8800$-9100$.

The cycle 1 theory of my BTC analysis stand for EW count for an Uptrend Impulsive waves.

In reference to my previous post where we made mention of our starting point of the wave count to be the yearly low so far at 5724$.

Principal Wave 1 is almost over, presently trading on sub wave (4-5) of wave 1.

Level to watch for possible reversal are:

7865
7775
7650
7585

Note:
If all the above level break then it implies we are on larger correction and Cycle 1 is completed and Corrective wave 2 in progress.

Cycle 1 for Impulsive uptrend
Cycle 2 for Corrective wave
Cycle 3 for Impulsive uptrend
Cycle 4 for Corrective wave
Cycle 5 for Impulsive uptrend

2018年7月27日

交易進行

2018年7月27日

交易進行

Our first support level bounced BTC off, 7865

2018年7月28日

交易進行

We update recent level to watch here for both support and resistance. Bullrun all the way.

2018年7月28日

交易進行

Price already breakout of the bull flag, its well painted and waiting for action.

2018年7月28日

交易進行

Flag and pole with target

2018年7月29日

交易進行

Bull flag broke out.

2018年7月29日

交易進行

Flag breakout and possible re-test of the flag channel before final flyout.

2018年7月29日

交易進行

BTC flag is so clean to be ignore. Let see if it will play out.

2018年7月30日

交易進行

Guy let keep an eyes on this range of price 8049$ - 8292$ if price break this range it will move seriously. Either way but I favor upbreak

2018年7月31日

交易進行

Same level did the magic again yesterday 7865, It send BTC back into the range again.

2018年7月31日

註釋

We have wider range of descending triangle pattern

2018年7月31日

交易進行

I started this thread yesterday for the purpose of the floating wave 4.

2018年8月2日

交易進行

New post created on BTC to follow up the previous analysis, guys do please have a look and leave your comments.

2018年8月4日

交易進行

Updated post opened to follow the current market effect.

2018年8月9日

交易進行

Hi guys

Please follow this post for more updates on BTC.