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EXCAVO
Oct 17, 2017 11:23 PM

Bitcoin Long

Bitcoin / U.S. dollarBitstamp

Description

I show Elliott wave. Now we are in the zone of the 4th correction wave. After it we will go to the zone of the 5th wave. RSI - oversold. Bears weaken. My logic, most investors will puttheir money into BTC to get free Bitcoin Gold. November 25

Trade active

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Sorry October 25th

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crorrection done

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Looking for blue resistance line. if break it will go to the new high

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Trade active

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I want to tell you one thing, now we are near the support line

Trade closed: target reached

5 wave done
Comments
goldbug1
Nice chart Excavo! Great analysis!
cupfish
I think Bitcoin Gold is Oct 25 and B2X was mid-NOV
Enhancement321
$7,000 BTCUSD by the end of the year.
elblinko
@Enhancement321, by end of day!
cycler
@elblinko, LOL.
elblinko
@cycler, oh, just hit 7022!
cycler
@elblinko, I just sold, now its breaking up, bitcoin doesn't ever do what its supposed to.
Enhancement321
planetary
Waiting for your ABC retracement idea update after this wave. :)
filipnr1
Wow You nailed it.
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