BTC update 19.02.18

Words
317
Reading
2 min
Listen
Play
9y

BTC is likely not done with this yellow wave 4 correction, but wave b schould be done now. I am expecting wave c down to be next.

9mZci3RP.png
NWkuyd8F.png

The likely destination of this wave c of yellow wave 4 is the 10,000$-9,600$ range.

Yesterdays post was quite accurate in recognizing that wave b may need another leg up. This leg is likely done now.

The next 2-3 weeks will decide, if we have an established uptrend, which might go on for the coming months, or if a final leg down is needed to complete the pattern.

As always, stay tuned...

image (5).png
If you think this to be useful information:
DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif
image (5).png
Feel free to use and share my charts, but please mention me, ew-and-patterns@ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
image (5).png
MUST READ!
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.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.

Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

BTC update 19.02.18 | Ecency