Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
windjc
on 02/02/2018, 14:31:02 UTC
⭐ Merited by oda.krell (1)
Masterluc thinks it's over.

Quote from: Masterluc
Well, so the present drop ends somewhere in the red circle.

So, the price hit somewhere close to 61.7% Fibonacci of the entire growth from 150 to 19800.

You know what it means? That the Third (wave?) is completed and we became its witnesses =) For this, congratulations to you.

What's next? Next is the Fourth (going on now). And then the Fifth somewhere in the area of ​​100k.

The current drop will bounce back very well into the area of ​​13,000-15,000 in the short term, where those who bought up on my advice will be able to sell off, but have already managed to curse everything and wet the diapers. Bleed there, because it is not for you.

The critical level at 7700 does not really matter anymore, because I see that the wave is over.

Well, here's my idea for trading watching https://ru.tradingview.com/chart/BTCUSD/hg0S8xjw-historical-3-looks-to-be-completed/


He seems to have a glaring error in his count. If the historical 3 is over and the historical 5 will go near the top trendline, then his historical 3 will be the shortest wave in height. His 3 would need to be a (3) for his count to make sense.