BTC can't get to 5th Base....Can you ever have too much 4play...

Hello!

BTC...we need to talk...

The only time I don't like foreplay is when it's BTC and it's stuck in an ABCDE.... and here we go again we are in the D wave.... that's right BTC is waving it's "D" at you!
We have currently been trading in a channel for a few days now... I saw the whole of twitter turn BULL with BTC's big green.... yeah you know what they are...

And as we completed a rare megaphone pattern.... we again came down... not before I got my tweet out though... I tweeted the wedge was about to break and BTC pulled out... before reaching the highs we were promised.... No climax.... nothing...

BUUUUTTTTT if we look at the elliott waves... BTC reached it's target perfectly.... 4play was all we were getting!

So with this in mind... a 5th wave is still to come, so let me tell you my thinking behind my target.

Wave 3 is currently shorter than wave 1.... and Elliott wave rule states this cannot be the case... my wave 5 is currently drawn at a 1:1 of wave 3, although this may be truncated, but here's my theory on length.... the hand size and foot size matters.... oh hang on... BTC wasn't it :)

The Fibonacci level is slightly above, but I am allowing for stop losses to go off and the blood to flow lower and the 1:1 of wave 3 lands perfectly on a major support....

So IDK... what do you think.... can BTC go all the way to 5th Base?

Safe and happy trading!

REMEMBER ALWAYS USE PROTECTION (minimise your risk, use a stop loss.) ALWAYS!!!!!!!!!!!!!!!!!!!

LNE.

DISCLAIMER:

The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...

PS make sure you give me a like.... :) <3

Bình luận:

Bình luận:

Can you harpoon a white whale.... or do WHALES EAT BEARS????