BTC (Bitcoin) / USD - 17 May 2018 - B leg completed reaching my target exactly, what next ...

in #bitcoin7 years ago

B wave look completed reaching exactly my target from yesterday. Channel resistance and resistance of 0.382 and 0.5 Fibo levels.

Read more here: BTC (Bitcoin) / USD - 16 May 2018 - decide to FAIL, another ABC correction in progress

What next, C leg is still missing. I expect 5 wave down completing the current ABC correction. The target from 09 May still stay at 0.618-0.65 (7800$ - 7650$) Fibo retracement from last swing log to swing high. The 1:1 extension from A to B target the same region (7850$ - 7700$).

Read more here: BTC (Bitcoin) / USD - 09 May 2018 - correction in progress

Screen Shot 2018-05-17 at 10.24.52.png

Best practices: Ladder your buys from top to bottom of you buy zones.

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