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Haejin

BTC Update: In-Depth Elliot Wave Analysis BTC forming two possible corrections PRIMARY PATHWAY: ABCDE - BTC Hits D wave successfully around 13400-13800 zone then retraces down to E wave target around 8.1k zone. RSI / MACD both confirming upwards movement. ALTERNATE PATHWAY: ABC(D2)(E2) - BTC is done with the D wave and is heading down to E wave as we speak. Not very likely given how bullish BTC is acting this morning. 3rd alternate count (EXTREMELY UNLIKELY CASE): ABC Finished: ABC is finished and BTC is going to fly after this sell off to previous C level around the critical 10500 support. Not enough volume to support this decision yet. (Any feedback will be greatly appreciated. I just started charting about last week so excuse the mess!)
Long
by FibonacciGang
Trying to align with Haejin's thinkingSo, I was quite successful with my XRP newbie charting back then. From this another newbie chart, I try to see where's the exact wave v of the BTC correction. It seems that, tomorrow would be the time, based on the volume oscillation, and sine wave analysis of the RSI. Psychological: people expect bullish trend, but trapped into wave v correction as haejin predicted, BTC down to new low, but not as much as 8-10K, a bit around 11-12K again.. then people would go into panic sell, and whales take opportunity to propel new ATH. Again, take it with a grain of salt. This is very experimental.
BITSTAMP:BTCUSDShort
by korganos
4