TsangYouJun

TsangYouJun

My earlier graphs could be incorrect, this is a refinement. If this holds true, we're in Wave C of B. Whereby retracement to $5k level, takes place around Nov 17-18. This is more inline with Tonevay's predictions for BTC $5k. A few things are on the cards right now though: 1. If you draw a parabolic indicator, you'll notice that $5.5k was the last bounce off...

TsangYouJun

Currently, we are still failing to break the upper fibonacci level. Down we go back to $6.2k.

TsangYouJun

Where price will go after we hit $5k.

TsangYouJun

Up up and away to $7k, before resuming downward fall.

TsangYouJun

Here we go, right on time, entering the B-Up-Wave.

TsangYouJun

Magnified view of the smaller elliot waves within the bigger ones, of the BTCUSD Elliot Wave ABC correction.

TsangYouJun

The long awaited correction for BTC is here.

TsangYouJun

Sitting right on 0.236. Next stop 0.382 at $6000.

TsangYouJun

Channel theory doesn't seem to work. We're definitely in an Elliot Wave, 5 of 5 (fifth wave within the larger fifth wave). Which is a mad bull, of almost insane proportions.