Bitcoin is offering a clear EW count after a long down trend into the 200's region. We have seen a iii wave, either of larger wave III or V dip down to 275. the bounce was not impulsive, and we require a wave v to terminate the whole move. this count, a fourth wave triangle residing within the territory of the iv wave of one lower fractal is simply a gift, this is one of the best risk reward opportunities EW could offer right now. stoploss at 347, target 0.618 of wave iii, 270.
When we get there, BUY BUY BUY! (carefully) - weather wave III or wave V _OF GREATER C_, we are going to bounce to 450+!! This could be THE low before next grand cycle wave V takes us to 1000+!!
When we get there, BUY BUY BUY! (carefully) - weather wave III or wave V _OF GREATER C_, we are going to bounce to 450+!! This could be THE low before next grand cycle wave V takes us to 1000+!!