Bitcoin: Target for downwards movement and retracement

11 mai 2018

Bitcoin, next 14 days

Targets for downwards movement and retracement + even deeper fall

11 mai 2018

Note

Current movement end target for reversal at 8269

11 mai 2018

Note

This will go sideways for a while before finishing the wave
If we bounce between 9200-9280 we will retrace a little, targets in chart

11 mai 2018

Note

Going above 8510 means we probably won't see 82xx and are in retracement up, as long as it stays below target is still valid

12 mai 2018

Note

Ok, low was 8205, now retracing
8665 min. target, up to max 8942

I am starting to suspect we have a ABC down, now started B
Then we are doing C leg, which would then complete alts correction, those seem unfinished

12 mai 2018

Note

Triangle, usually continuation

12 mai 2018

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Broke out of smaller triangle, however the lines align much better for this one

13 mai 2018

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Watch downtrend channel and big blue triangle. Thinking it's down here if it dies notbreak now. Short with SL 8632

13 mai 2018

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expect abc up as correction, doing triangle
Triangle itsself is the correctinal pattern
Potential outcome would be the triangle is wave 4, and wave 5 is incoming:

13 mai 2018

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