BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
BTCUSD is coming off of a quick dive to $9000. I touched on this potentially forming an Adam and Eve double bottom . I think it could bounce off this 0.618 fib, make a new local high around $13k, then down to $8500-$7k. Long at $10500, short at $13k, long at $8k.

Watch for break above 50 SMA on 1 hour. If we go above dashed line then the Elliot Wave count shown here is invalid.

評論: If we break below $10k or the 0.786 fib support I believe we will fall to $8000-$7500.
交易進行: Mistakenly updated, stop was not hit. On target.
交易結束:目標達成: There we go
There could be some initial buyers at $9200, thus stopping plans to buy at $8000. But we'll eventually get to $8000 in a zig zag fashion. So still safe to short rips here.
Manifested josephtse
@josephtse, I agree. I anticipate some sideways ABC corrections as well.
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