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Red Pill or Blue Pill? BTC short term paths
Bitcoin
Red Pill or Blue Pill? BTC short term paths
By EuroMotif
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Updated
Aug 22, 2018
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Aug 21, 2018
Just a quick Idea to see if the EW count and Fibs behave as one might expect.
The Blue path would be a very bullish sign.
The Red path would be maximum retrace to remain Bull.
The grey zones in chart are from my Fib Support Resistance analysis, posted about 3 weeks ago:
The Green fib extensions are from second impulse up from $5950 bottom expected in this Idea:
Aug 22, 2018
Note
Well, so much for THAT pathway, totally destroyed :(
Fibonacci
Support and Resistance
Wave Analysis
EuroMotif
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