Bitcoin - One more leg lower !
Updated
We finished wave ((iii)) lower, now wave ((iv)) looks like a triangle nearing it's end (?)
Therefore, we might see one price go lower to 4000 as a wave 5.
--- > This count gets invalidated if price goes above 5000 !
*This then might be the bottom of this down move.
(Doesn't mean you should buy directly after !)
Therefore, we might see one price go lower to 4000 as a wave 5.
--- > This count gets invalidated if price goes above 5000 !
*This then might be the bottom of this down move.
(Doesn't mean you should buy directly after !)
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Short it !Comment
Price finished the triangle as expected an going down nowComment
Target hit.I would like just one more push lower even tho 3100 might seems a bit far, I think there is a good chance for it to be broken also.
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Let's hope for a quick turn now... I really want my 3100 Target !Comment
Price turned as expected but it annoys me a bit that it touched the invalidation level.This can sometimes happen in those type of markets, therefore I'm not changing my count for now.
Notice that when you switch to a line chart, the count remains valid...
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I'm confident we have 5 waves down as a wave (3), now price is in a correction higher in wave (4). ** IT'S NOT AN OPPORTUNITY TO BUY YETT !!!!
After wave (4) ends (should be near 0.382 level ~4500),
look for price to fall a bit further for wave (5) near the 3100 level.
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