Good reaction

Updated

Caught the "bottom" of bitcoin to within $100 (within 1.5%) from the chart I published over a week ago(I'll add this in the comment section). My average was $7094.21 because of laddering. I didn't get all my fills but the average is good. For now, the reaction looks good. We'll have to watch how these waves unfold. If it holds, I'm looking at 9k+ as a target. One thing to keep an eye on is the volume and confirmation when breaking the upper channel line(red). I don't make targets public because MM's are savages and use this against us. I do however send them out to my followers. I think I will do an updated ETH chart as well.

Note

HovWaves

Certified Elliott Wave Analyst - Crypto - Futures - FX

Twitter: twitter.com/HovWaves

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.