BTCUSD - Elliot Wave Analysis (Subwave 5)
Pro-tip: Ctrl-Drag objects to clone them. :D With this knowledge, I clone my Wave 1 fib and move the 0 of that cloned fib to the bottom of Wave 4. This is all done on a logarithmic chart now. I get the $6220 top which has already occurred unfortunately. (This could have been pre-calculated however!)
Today we set a new all time high above $6220 but unless we hold above $6220 we won't see our next target of $6912. Second target is shown as $8031 should we hold above $6912.
Also shown is the Channels technique, this makes me think we won't see much past $6220.
It's been a rough ride the past couple weeks but I'm now short with confidence.
Next chart will contain down targets.