I MUST BE A FORTUNETELLER right?? I'm too accurate it scares me sometimes :)
Check out what I said here -- > https://steemit.com/free/@topcoin/10-second-bitcoin-analysis-for-short-term-possible-targets-using-elliot-wave-theory-july-9th-2018
and here (last post) --> https://steemit.com/cryptocurrency/@topcoin/july-12th-bitcoin-btc-technical-analysis-detailed-elliot-wave-forecast
In my last post, I said we might be done with ABC but might have one more wave down to $5,990. And where did we hit? $6,080. Bulls eye. How did I know? - Elliot wave theory. Elliot wave theory is the only tool that can accurately predict targets and market fluctuations.
If you are using any fib tools WITHOUT enough knowledge in elliot wave, you are doing it ALL WRONG. Fibonacci is irrelevant if are not a master of Elliot Wave Theory.
So where are we today?
- I see a leading first wave diagonal. (not quite done yet)
- Gaining strength in RSI and Histogram
- MACD and Signal crossover to positive side
- (BTC) already hit 0.618 and bounced so it is safe to assume that we are on our way up for now.