ElliottWaveBelgium

BTCUSD - (VERY) SHORT TERM expect lower prices

Short
BITFINEX:BTCUSD   Bitcoin
The black triangle count, if correct, indicates us that price will fall one last time before starting to rally !

Therefore, I am maintaining my short trades for a bit longer.
And just added a new one @ 7600 with first target 5755.

*** You can short it if you like at current price with a Stop at the black trend line for exemple.


Ideally, I would like price to break the 5000 line (just to crush the last hopes of the crytosphere)


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But Beware

If price moves above 8500 (wave C), this then negates the count as wave E cannot move beyond wave C high.
Comment:
Told you so !

Comment:
First Target Reached!
Second Target @ 5280
Third one @ 4440
Next one @ 3100 !!! (Most important one)

Keep an eye once the 5000 level is broken.

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
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