BTCUSD - Elliot Wave ABC Correction Pattern (Refinement)

BITSTAMP:BTCUSD   Bitcoin / Đô la
My earlier graphs could be incorrect, this is a refinement.

If this holds true, we're in Wave C of B. Whereby retracement to $5k level, takes place around Nov 17-18.

This is more inline with Tonevay's predictions for BTC             $5k.

A few things are on the cards right now though:

1. If you draw a parabolic indicator, you'll notice that $5.5k was the last bounce off the parabola. So we may not see $5k, and instead an early bounce around $6k.
2. BCC             is currently holding a lot of BTC             . If Bitconnect goes bust, it will be a perfect market storm to drive BTCUSD             prices below $5k. The ensuing chaos and fear will drive speculators out from the market.

The safe strategy now, might be to buy the breakout at BTCUSD             $7k, above the Fibonacci resistance line. Tonevay is entering at $7.5k because he sold around there, so for him it's fine.

The daring strategy for me would be to catch BTC             around $6k, parabolic bounce, if you do this, I'd recommend no more than 50% of your liquid assets, that you're prepared to lose.

FA right now (market sentiment) is rather weak for BTC             , even though general consensus is that BCH is trash, and Segwit is the better solution for scaling Bitcoin             .

We don't want to trade against the market, even if we may hold BTCUSD             (Segwit) in high-regard.

BTG             has some good promise, recommend to HODL your forked coins.

My scaredy-cat strategy if I miss all the above entries:

1. Buy above breakout from $7-$7.5k
2. Wait for BTC             to form strong support at $5.5-$6k, then buy
3. If BTC             breaks $5-$5.5k, re-enter around $2.2k, definitely market will be in super-panic-mode.
Why would bitconnect go down just now? it seems random
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Trang chủ Sàng lọc cổ phiếu Công cụ tìm kiếm tín hiệu Forex Tìm kiếm tín hiệu Cryptocurrency Lịch kinh tế Cách thức hoạt động Tính năng biểu đồ Điều khoản sử dụng Người điều hành Giải pháp Website & Môi giới Widgets Thư viện biểu đồ chứng khoán Yêu cầu tính năng Blog & Tin tức Hỏi đáp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Tính phí Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã xuất bản Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất