BTC/USD - BOOOM B WAVE NAILED!! 22/2/18

in bitcoin •  7 years ago  (edited)

JUICY BOOOOOM B WAVE HIT ON THE DOT!!

Last post, suggested a bounce for our completed Wave B at around $10,600 - $10,800.

B WAVE TARGET BANG.png

NOW, whats next?? $10,300 is my next point and you wanna know why?

H&S FORMING BOI with $10,300 as the neckline!!

H&S 10,30 neckline.png

IF , this is what decides to play out, then we have a target from the H&S at $8,843 .

H&S Target 8,843.png

WHATS SO COOL ABOUT THIS, is that the good o'l fibonacci on .5 is at $8,900!!!

FIB RETRACEMENT.png

THIS, is extremely close to the H&S projection and could mean we are hitting that for our beautiful C wave.

C TARGET.png

So, my predictions are :

Target One : $9,500 - $10,000
Target Two : 9,300 - $ 8,700

MAJOR JUICY TARGET : $8,800 - $8,900

THERE IS STILL SO MUCH INFORMATION ON THIS CHART SO SUSS THE IMAGES!
A break below ALL THE SUPPORT LINES LISTED, could mean we could see that LOWER LOW!

This again is all based on the Bearish scenario and that my count is correct.
IF my count is INCORRECT, here is a possible bullish scenario that could unfold.

Screen Shot 2018-02-22 at 8.16.40 pm.png

Lets suss what price action does and keep a close eye on things!
Bullish scenario plays out after $11,200 break.
Bearish Scenario Plays out after 10,300 break.

Legal Disclaimer: I have no idea what I'm doing and I'm not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Great post! Follow me and i will follow you. I will auto upvote anyone who is following me.

Check https://mykucoin.com for more Cryptocurrency news