BTCUSD to 4800?

2017年8月29日

Based on the Elliot wave theory, the pair still has some room to go with a projection to 4800 before a major correction occurs.

2017年8月31日

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Almost at the minimum target now as wave 5 is at least equal to wave 1

2017年9月2日

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Minimum target hit yesterday and re correction seems to be in effect. For confirmation a close below swing lows at 3600 is needed although a topping pattern is already in full effect as we have a bearish engulfing candle subject to a close on its lows

2017年9月13日

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Correction well underway now. Yellow line is the main area as a target but we need a close below 3600 swing low.

2017年9月14日

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Swing low at 3600 taken out. A close below is very bearish. Be careful as we could see a retracement soon before we move into 3000

2017年9月15日

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Critical Level for BTCUSD reached!

2017年9月15日

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BTCUSD into support and bounces right off