BTC update 02.02.18

ew-and-patterns(71)

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2018-02-02 16:38

The chart has spoken today. This cannot be the final low in BTC, because wave 3 would be the shortest and that is impossible.

So this whole drop is likely yellow wave 3. This sharp rise after the low should be the beginning of yellow wave 4 like this:

My target for the end of this correction is within the range of 7,500$-6,000$ BTC... stay tuned...

image (5).png
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
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