BTCUSD (4h): Not to say more than correction will happen!

if you look at my post from yesterday, you can see the 13.000. we went the way straight. okay. i thought we'd see a little backswing before that. now we've reached 13.000. so we've reached r2 at pivot, at fibs 1.414 and in fib-band 1.692 (1.618 extended). so now comes the correction. several options we have now. 0.786 = 10 - 11K, 0.618 = 9200, 0.5 = 8000. my big hope is 0.618. but bitcoin is unpredictable. but next up is sure ...

Let's see what happens. Happy trading. :-)

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Commento:

okay, the 13k-prediction failed. now we at pivot r3, 1.618 fib and 2 at the fib band. so i expect a short and sharp correction.

Commento:

situation: now a up to near 12K then next down.

Commento:

ABC Pattern to around 8500/8800 still valid...

Commento:

on the way down, as expected. be watchful.