BTCUSD intraday setup 5

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Tecnical :
BTCUSD jump after reach 5581 this coin still in bullish wave, our target at 6449 this weekend.
If rising wedge break down support at 5391.

Fundamental :
Huobi to reopen trading with Bitcoin and Ethereum trading on Oct 26. China lifting ban could likely reignite Bitcoin market
news sources :
Trade closed: target reached: this analysis close,, check for new update


Is idea still valid ?
+3 Reply
I have a question Dian. Isn't 3 drives supposed to be close to the same interval? I mean this is amazing work, perhaps in crypto, the 3 drives is still valid...I'd have to agree this could be correction now. In either case I'm flat on btc/usd. Fundamentals events: Devcon 3 for Ethereum tomorrow. Presentations on security, casper, and a few other presentations.
+2 Reply
AzrulAzir GreaterNinja
@GreaterNinja, nice question,, original 3 drive pattern rules :
A ((0.618 - (1.272 or 1.414 or 1.618)) + B ((0.618 - (1.272 or 1.414 or 1.618)) + C ((0.618 - (1.272 or 1.414 or 1.618)).
in this sample we got combination of 0.618 - 1.414, so its valid.

And your information about fundamental help us alot
GreaterNinja AzrulAzir
@AzrulAzir, Ethereum's devcon 3 agenda (schedule) for Nov 1 to Nov 4th, 2017.
+1 Reply
Perfect reading. I'm going short now and hope you are right as always (:
+2 Reply
Thanks for all the nice set ups. The link is a bit weird though. It's in chinese and when translated it is about Tether dollar, I don't see anything about china lifting ban. Wrong link maybe?
+2 Reply
AzrulAzir Stony_B
MCC Global Professional Station is scheduled for October 24th 18:00 Open USDT recharge service, Oct. 26 at 12:00 Open BTC / USDT and ETH / USDT transactions.
Stony_B AzrulAzir
@AzrulAzir, Nice. Good news indeed. google translate probably not the best to translate
+1 Reply
Chavenham AzrulAzir
@AzrulAzir, Hi Dian! 12:00 in which time zone?
+1 Reply
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