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dmodiwirijo
Mar 6, 2018 1:11 AM

BTC's journey to Bull Market Short

Bitcoin / DollarBitfinex

Description

  • Elliott Impuls Waves
  • Elliott Correction Waves
  • RSI Divergence
  • Ichimoku Cloud Breach
  • Resistance & Support zones
  • Fibonacci retracement

The bull trap can only be avoided if the 50% fibonacci is reached with a 5th Impulse wave at best. This means a RSI divergence can be found for a correction wave near the previous retracements. Bitcoin needs more liquidity to fuel next Impulse Waves, otherwise the correction can go to 10K or lower.
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