BTC Strength is slightly stronger thus far, and moving to sideways. Sideways is not down.
I have had a few successful shorts today, playing this mornings numbers, but I keep having to reset higher and higher.
Currently have a slightly updated wave form.
Looks like we are just about to finish up a small Elliot wave 4. That will lead us higher to $7499.
Then we will enter a larger Elliot 4 wave that may take 24 hours to really wear thru.
The last wave in that pattern projects to be truncated, and will NOT produce a new high,
and should begin the decent back to $6400.
I will update if / when we break down.
Prices posted are for covering shorts, not for going long.
Unless your high frequency.
PM me with questions.
U.m.
I have had a few successful shorts today, playing this mornings numbers, but I keep having to reset higher and higher.
Currently have a slightly updated wave form.
Looks like we are just about to finish up a small Elliot wave 4. That will lead us higher to $7499.
Then we will enter a larger Elliot 4 wave that may take 24 hours to really wear thru.
The last wave in that pattern projects to be truncated, and will NOT produce a new high,
and should begin the decent back to $6400.
I will update if / when we break down.
Prices posted are for covering shorts, not for going long.
Unless your high frequency.
PM me with questions.
U.m.