BTC/USD - how we garnnnn? 22/2/18

in bitcoin •  7 years ago 

hiya

Wave Four seems to be travelling nicely, bouncing off some rival wave 3 supports well to form some lil waves.

how we travellin??.png

Possibly with what we have seen currently unless more of a downtrend continues, we may have finished our A Wave with an up now for B, which im assuming should be within the $10,650- $10,900 area.

A WAVE OVER.png

I am still tossing up final predictions for the bottom of this Fourth Wave, looking into using the good o'l fibonacci, we can see these ranges looking like good zones.

ALSO : A number to watch out for is definitely $7,300 a strong downtrend below this line may confirm we are going to see a lower low.

USING FIB ON ENTIRE WAVE.png

However i did rush this as i am pretty busy at the moment, so unsure on landing areas at this stage.

For now i will stick to my initial predictions.

Primary Landing Zone : $9,500 - $10,000
Secondary Landing Zone : $8,600 - $9,300

But will re-asses these as we get closer to the ranges, as there is even the possibility of surpassing $8,600 for another landing zone under 8k.

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!!

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