New ATH soon?

24 thg 8, 2017

A really bullish BTC scenario with an implied new ATH today.

I have no good experience with Elliot waves, so I might be doing it wrong, though.

24 thg 8, 2017

Giao dịch đang hoạt động

Perfect entry right now.

24 thg 8, 2017

Ghi chú

Now pushing through resistance. A nice target for today would be $4350.

24 thg 8, 2017

Ghi chú

This idea about the big channel does not seem to work out. We can be a bit lenient and move the uptrend line, but no big push so far.

I'm still bullish, since BTCUSD forms a smaller uptrend channel:

24 thg 8, 2017

Giao dịch được đóng thủ công

The second and third push into the resistance failed to gain enough volume. Pullback below $4200 is likely and an even further drop is posible. Exiting now with small profit.

25 thg 8, 2017

Ghi chú

Twenty minutes later it pumped up and hit my target. Sucks.

25 thg 8, 2017

Ghi chú

Still bullish. Looking for another entry.

26 thg 8, 2017

Ghi chú

That dump has thoroughly invalidated my game plan. Now it looks very ambiguous.

The hourly chart looks bullish:

The daily chart looks bearish:

Either, we see a strong push and a new ATH soon or we should dive down during the next days like $3500 or lower.