RE: BTC update 25.09.17 - proof for all the non believers that EW does indeed work...

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BTC update 25.09.17 - proof for all the non believers that EW does indeed work...

in bitcoin •  7 years ago  (edited)

I will write an update comment under this post once this is clear. One more high is possible right now, but it should not exceed 4051$.

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7 years ago by

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      ·  7 years ago 

    if we dont exceed $4051 how low do you think it might drop ? (wondering where to set ladders) also will that then be wave IV finshed and wave V start for the big uptrend ?

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        ·  7 years ago 

      I am already short 1 position. Maybe in 2 hours we have confirmation of a high in place.
      Yes this is still part of big wave 4 if it drops hard soon.

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        ·  7 years ago 

      What price would you enter to go long ? I guess I'm asking in wave IV bottom isn't in where is it most likely to be ?
      Cheers

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        [-]
          ·  7 years ago 

        No target foreseeable yet. My guess is 2500

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          ·  7 years ago 

        that would be a nice entry point !

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            ·  7 years ago 

          Looking ahead here- but after wave 5 top will does it always retrace back the beginning of wave 4 ?
          Have you seen any scenarios where it doesn't ?
          Thanks

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              ·  7 years ago 

            This is what heajin says. He has more experience than me. I have not investigated this pattern but I hold heajin in high esteem.

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              ·  7 years ago 

            I've seen this somewhere also . Basically it corrects to the start of wave 4 ...which we should know , but to go from 5k or higher to few hundred is just plain crazy ...IDK but we will find out ..

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