Bitcoin (BTC) Morning Update: When to Take Profits & When to Buy

SUMMARY

Bitcoin (BTC) overnight price action has completed the blue wave (3) and is now working on wave (4). Most likely, the correction will be a triangle of some type. Once complete, blue wave (5) should take prices much higher towards $25,965 or so.

I've labeled the subwaves of blue wave (5) and detail in the video how the its subwave white 5 can be used to take some profits. This, in light of a significant circled white wave 4 probable correction to $15,263 after reaching $25,965 or so. I also detail in the video when and how to buy and when the best time to buy might be. Please consider viewing the video.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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