The targets that I uploaded yesterday have been reached. If you called my signals and have profited, congratulation! I will keep doing my best to keep you guys updated. We have bounced around $8,200, which is 0.5 fib level of the wave cycle. The wave structure has been formed as a beautiful 5 wave. Anyone can easily recognize that it is a 5 wave structure which has been a signal for me to expect some more upward movement. Whether this whole structure is part of B wave, or a new impulsive wave, I have set my short-term targets. Currently, Bitcoin is trying so hard to break the green mid-term down trend line. We might be rejected by this hard resisting line and fall down to $8,050~$8,150 like the chart above. In this case, we should consider the falling wave as sub C-wave.
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Do u think that fall down is more possible right now?
Tommy_Trader
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@CNR58, I don't know man... I am not a god.. But I am seeing some bullish momentum. I would say breaking above is about 60%. I am not your financial adviser so don't trust my analysis too much!