Chart says it all, Correction not fully over, dropping from B to C within the next days. Rebuy BTC @7370 and go together with me to the moon. Check other BTC idea of me to fully understand this huge concept we are in. BTC will probably go up to 8640 within the next hours and down from there.
Thank you.
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RSI and volume still up, we are in the middle of 3 to 4 wave, 8570 was the top of wave 3... Update: I personally think we go higher than 8640. Let's see, probably around 9000
Well, if the inverted H&S is completed and confirmed we should be going past 9k and more
FloTi
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@mrdesson, You will have your answer on Tuesday. If I am wrong, I will buy you a beer. ~8640 and we drop from there
FloTi
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@mrdesson, But I will explain you now: Elliott waves, check it out => 1,2,3,4,5 waves. 5 marks the highest point => after this ABC correction. B never goes higher than 3. It has to have a C, thats how waves work. After B we go down to C and C is around 7359
mrdesson
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What about the inversed H&S on the 4H?
FloTi
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@mrdesson, We are within the inverted shoulder already. Thats why we go up to 8640 and then down!