Quick update on yesterday BTCUDS idea: Elliott Waves and Support Levels.

Ok, folks!

Everything is under control. Yesterday idea is working perfectly for now.

Here is the wave 5 of the wave C on the A-B-C:

Looks like we are done with wave iii and the last bear attack in the A-B-C is expected. Wave iv is currently running. According to the pattern, iv cannot cross the ending of the wave i ($10 000), so if it crosses - the pattern is broken.

My idea is to place buy limit orders between $8 200 and $6 200 levels.
NB! Monitoring of the volume and structure of the wave v is very important.

The bulls must be ready to act and there is a strong resistance on $8 000.

Good luck!

P.S. That is just my idea, not any kind of advice. Do not forget about the risk management and money management.