New ATH soon?

24 Ağu 2017

A really bullish BTC scenario with an implied new ATH today.

I have no good experience with Elliot waves, so I might be doing it wrong, though.

24 Ağu 2017

İşlem aktif

Perfect entry right now.

24 Ağu 2017

Not

Now pushing through resistance. A nice target for today would be $4350.

24 Ağu 2017

Not

This idea about the big channel does not seem to work out. We can be a bit lenient and move the uptrend line, but no big push so far.

I'm still bullish, since BTCUSD forms a smaller uptrend channel:

24 Ağu 2017

İşlem elle kapatılmış

The second and third push into the resistance failed to gain enough volume. Pullback below $4200 is likely and an even further drop is posible. Exiting now with small profit.

25 Ağu 2017

Not

Twenty minutes later it pumped up and hit my target. Sucks.

25 Ağu 2017

Not

Still bullish. Looking for another entry.

26 Ağu 2017

Not

That dump has thoroughly invalidated my game plan. Now it looks very ambiguous.

The hourly chart looks bullish:

The daily chart looks bearish:

Either, we see a strong push and a new ATH soon or we should dive down during the next days like $3500 or lower.