TradingView
arcman
Feb 13, 2018 3:43 PM

next 15 hours of correction Short

Bitcoin / TetherUSBinance

Description

So we completed the impulse waves to get to 9k. and now I believe we are midway through the ABC correction wave. looks like we will top out in the correction wave at about 8.7k in about 4 to 5 hours then finish the correct down at 8.2k in about 15 hours from now.

Comment

the above chart wasn't quite framed properly so here is a redo of the chart.

Comment

looks like we are at the end of wave B (where the large red B is on the chart) and about to start the decent to point C.

Comment

well. looks like it completed the correction at the 8350 level. a bit sooner than I expected. and it is now gone into some uncharacteristic form. it looks like it tried to start a impulsive 12345 up but failed.

Trade closed: target reached

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