Bitcoin Update

in #bitcoin7 years ago

If you aren't following me on Trading View, you are likely missing out on some charts. You can follow me here: https://www.tradingview.com/u/SeanNance/

Two days ago I predicted an additional top of just under $8700. We topped out slightly over $8600. You can see the path, timeline was far from perfect, but it wasn't a prediction of time at all, only of levels.

Since that post, we have begun the drop toward 7250. Here's the path so far:

Feel free to view the entire chart on Trading View: https://www.tradingview.com/chart/BTCUSD/fnLY6kvr-Let-s-Call-the-Bottom/

We should see a major bounce around the $7,250 level. Am I dead on? Meh. Always admit that you can be wrong! However, that's where my long entries are. I originally thought that we would see the bottom on the morning of the 19th, but now it could finish this sooner than that.

Note that I like clean charts so indicators are turned off on all published posts and I remove fibs and other tools. Indicators and tools typically used are: Elliott Waves , RSI , MACD , 8, 13, 21 and 55 EMAs, Fibonacci Retracement and Fibonacci Extension . Other tools and indicators may be used in the creation of charts. as well.

Charts, analysis, and comments are only the opinions of the poster, they should never be taken as financial advice.

Join us in CryptoCurrently on Facebook as well! https://goo.gl/QWGo8q

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If this is not you, I apologize

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