BTC/USD - Lil Update 24/2/18

in bitcoin •  7 years ago 

Overnight we saw a decent bounce off of the .382 at around $10,400 which may have been the end of our Second Wave within our Wave C .

382 perfect bounce.png

Now, if that was our Second Wave , expecting our Third Wave drop within our C Wave shortly.

Expecting this to get us fairly low, would say $9,500 - $9,000.

C wave for C wave.png

Will only consider an uptrend here, if we go fairly above what out Second Wave hit. (10,400) which means our third wave failed.

Other than that not much has changed.

Still same targets as before and still watching the same supports.

PS: Ignore the count i do have on here for the C Wave, as i was simply just playing around with possible FIB retracements. and was moving them around everywhere, basically just in random spots at the moment.
(Except for the target at 9 k)

supports to watch.png

Support Lines To Watch Carefully:

ONE : $9,582
TWO : $8,800 - $8,900 - My Target backed by H&S & FIB. (but could break)
THREE : $8,227
FOUR : $7,300 - (DANGERZONE) we break and we may see $2300.

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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