Bitcoin - Before the Bottom

2018年1月17日

Chase the C leg of ongoing pullback. Its almost always a 5 wave count.

Exit at wave (4) : 11100...11750
Target for wave (5) : 8700

P.S. : Beware that rest of the exchange charts are a little lower than Kraken.

2018年1月17日

註釋

Wave (4) completed as expected. Sleep in fiat.
Wave (5) will be studied again as wave (3) is over-swinged.

2018年1月18日

註釋

Several unsuccessful attempts to break C leg. Its safe as long as H4 closes below 11832 (0.5 fib). Swing trade options start above that.

2018年1月24日

註釋

Stall on pivot line. As leg (4) swinged higher to (0.382 fib) upcoming leg can be lower than mentioned above.

2018年1月24日

註釋

Bulls are tired and unreliable. Risk/Reward is to high.

2018年1月24日

註釋

2018年1月25日

註釋

TP @ 11650 --- Profit +1%

Too many resistances to tackle with, recent lower leg is damaged but still bearish.

2018年1月25日

註釋

Bears won for this leg.