BTCUSD 8h: [Chart 2/2] Ride next wave. Bubble bursts end of 17.

Aug 12, 2017

As I said on the 20th of July (Chart 1/2 - https://www.tradingview.com/chart/BTCUSD/BQJmvkiS-BTCUSD-8h-Let-s-ride-the-next-wave-bubble-bursts-end-of-2017/), the 3rd wave has come. Now we are at the top of the third wave (fibo 0.786). A correction is to be expected in any case. I see a correction currently down to 3,000 USD possible. So be watchful.

Let's see what happens. Happy trading. :-)

More details at:
https://www.tradingview.com/chart/BTCUSDT/m2hCx6Bf-BTCUSD-8h-two-trend-scenarios-up-to-fibo-1-62-4-500-USD/

Aug 12, 2017

Note

close up and a faster up trend

Aug 13, 2017

Note

We even reach fibo 0.886. Now be super careful. Next step up would be fibo area 1 at 4700/5000 USD. Correction max down to 3000 USD.