2 alternative EW counts for BTC

in #cryptocurrency7 years ago (edited)

Currently both are equally possible

https://ibb.co/eCdf4S
BTC.png

https://ibb.co/mJZsJn
BTCUSD240_csv.png

For certainty we need a daily close either above $9923 or below $8943 (Bitfinex pricing) to continue to respective volatility implied targets.

https://www.mql5.com/en/charts/8653155/btcusd-d1-jafx-ltd

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Looks like you nailed it again srezz.

For my forecast to materialise we need one final leg down to around $8K which would mean 50% retracement of the last 5 weeks bull run.

Thanks as always! Let’s hope for the best.