Bitcoin Breakout Alert on short term! whats going on? find out here!steemCreated with Sketch.

in #btc7 years ago

Looks like BTC has hit the .786 Fib level and bounced!
this is a 5 minute chart and to me, I see a impulse starting. my method would be great for day traders or even swing traders. This is because the way I analyze the charts shows exactly when a breakout is most probable and exactly when the dip is most probable.

Screen Shot 2018-02-10 at 5.48.52 PM.png

SO! where is it going?!

On a short term? this is what I see:

and after that?!

Well on a short term, this is what I see:Screen Shot 2018-02-10 at 5.57.33 PM.png

if you like what you see, you want to learn, or this has helped/entertained you at all. I would love an upvote, resteem, comment and follow please. anything would help.

Dont forget to ask questions and request coin updates!
Thanks for stoping by :)

This is not professional Advice, Always be cautious
We are not liable for any reason for profits or losses
please make your own decisions

Sort:  

I hope it stays low for a bit longer

Really great information post keep posting

thanks for the support! :)

My pleasure

thanks invitation from you ,, really interesting to see and follow ,, besides I can be friends with you, can add information from your post ,,

Hi Suf, I need some help with APPC.
So it looks like the first 5 subwaves completed wave 1...but wave 4 entered wave 1's territory so I'm now really lost. Any thoughts? Is it a random rare occurrence of wave 4 entering sub wave 1 territory? Funnily enough, after I did my count, Haejin posted an idea, but his wave 4 also eventually entered subwave 1.
Seems like we are in an ABC correction and the C leg is making a triangle before wave 3 starts.... APPC 2nd effort.png
Much appreciated :)

from the looks of it looks correct.

I have it like this: I used a Line chart instead of candle sticks.
Because I heard from people that Elliott waves don't always work on leveraged markets and that sometimes the extra candle wick doesn't count and thats just the extremities.

So I did this:

The corrections are aloways hard for me lol. but this is kinda what I see. Close to yours

But yeah, as for the Waves crossing territories. I dont think its a big deal. But it could be if it went farther. but If you use a line chart it will show they didn't actually cross.
Just my thoughts. hope it helped!

Maybe @haejin can check this out :)

Ahhh I never thought about seeing the result just using the lines.
Woohoo! Thanks heaps buddy. I've gone through and upvoted as much of your stuff as I can see :)
Any coins/projects you're fond of lately? I'm eagerly awaiting to see where BTS can land in a few months. I think it's going to the moooooon :)

Resteemed by @resteembot! Good Luck!
Curious? Read @resteembot's introduction post
Check out the great posts I already resteemed.

RESTEEMBOT IS FOR SALE
I COULD WRITE CODE FOR YOU

Positive news i see you mentioned there bro. Let’s hope you’re right.

thanks! follow for more and please upvote

This post is qualified for a resteem by the Abasinkanga Resteem Service



@cryptosuf just resteemed this post to 4700 followers


  • Pay for more resteems: Send 0.005sbd + post link as memo to @abasinkanga

Check out Abasinkanga Resteem Service - FAQ (Frequently Asked Questions) for full details about this service


I am not a bot. Upvote this comment if you like this service

thanks! and thank you so much for the upvote and follow :) thanks !

Thank you so much, we in steemit mutual aid assist fellow friends who are here to follow resteem and upvote the comment, Visit my post friend to see my post.

greetings friends may we be good friends, do not forget my folow and Upvote, thanks

Coin Marketplace

STEEM 0.20
TRX 0.19
JST 0.034
BTC 91309.99
ETH 3150.55
USDT 1.00
SBD 2.89