BTC/USD bearish movement ends SOON! New Uptrend will come SOON!
BTC/USD bearish movement will end soon. We are not at the dip, yet. But we did overcome the worst already. Changing Alts now might be a bad idea, since you might lose the up-train if you aren't careful. The Alts mostly also seem to be in upward correction. So hold, if you are in them.
In the chart, I included 5-3 Elliot-Wave. You can see that we are close to C - which means that there will be uptrend afterwards. Furthermore, you can see that the end of Elliot-Wave will fit to the trend line from 2 and 4 from the Elliot-Wave. This means that the dip is when the trend line is hit -> Somewhere between 8501 - 9001.
Something I didn't included is a projection from 5->A and B->C.
MACD and RSI also show the same pattern, as they still aren't at the dip - but will be in very short time.
I hope we will see nice profits coming after few days. Just be patient and good luck.
In the chart, I included 5-3 Elliot-Wave. You can see that we are close to C - which means that there will be uptrend afterwards. Furthermore, you can see that the end of Elliot-Wave will fit to the trend line from 2 and 4 from the Elliot-Wave. This means that the dip is when the trend line is hit -> Somewhere between 8501 - 9001.
Something I didn't included is a projection from 5->A and B->C.
MACD and RSI also show the same pattern, as they still aren't at the dip - but will be in very short time.
I hope we will see nice profits coming after few days. Just be patient and good luck.
Note
5 and B of Elliot Waves are building a resistance line while the support line seems to be strong (hopefully also tommorrow). My suggestion is that we'll hit resistance at around 14k USD +/- 1k USD. That would be good time to sell to buy at a lower price. But we are talking about a few days here. Good luck
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