Mikelikescrypto

BTCUSD Wave count w/ targets 2 4H 6/16

做多
Mikelikescrypto 已更新   
COINBASE:BTCUSD   比特币
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I made an alternate count in red.

Trade with caution.

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also, fractal idea included, corresponds with alt count.
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Second Alt Count/Idea... If peak is extended B wave, then here are C targets... also corresponding fib pattern.... We need to break up past the peak to break up.

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Whoops I made a mistake and drew the target to the .618 when IP targets the .5 fib..

This changes things, since there is a transient zone price will bounce off of when we hit the .5/TZ

Now a B wave peak seems much much much less likely...

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Private Chart:
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just tossing ideas around:
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red is an alternate count, some targets are the same green/blue is the original count.
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slight changes... could be near the top, hard to say.

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Can't make my mind up :)

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I also have this idea floating around, wave 1 and 5 the same size with an extended 3.
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Critical point:
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Perhaps we will invalidate the internal fib pattern and move up... broke out of pattern.


Stoch Rsi on the bulls side.
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spotted an internal fib pattern on a lower time frame


61.8-14.6-61.8
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Well I'm impressed. Go bitcoin!
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IP2 was invalidated earlier with the new high. Looks like a flag targets are 12.5k(flag)-14k-15.5k-(GANN)

Feb charts are still good:
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