Bitcoin: Target for downwards movement and retracement

11 May 2018

Bitcoin, next 14 days

Targets for downwards movement and retracement + even deeper fall

11 May 2018

Not

Current movement end target for reversal at 8269

11 May 2018

Not

This will go sideways for a while before finishing the wave
If we bounce between 9200-9280 we will retrace a little, targets in chart

11 May 2018

Not

Going above 8510 means we probably won't see 82xx and are in retracement up, as long as it stays below target is still valid

12 May 2018

Not

Ok, low was 8205, now retracing
8665 min. target, up to max 8942

I am starting to suspect we have a ABC down, now started B
Then we are doing C leg, which would then complete alts correction, those seem unfinished

12 May 2018

Not

Triangle, usually continuation

12 May 2018

Not

Broke out of smaller triangle, however the lines align much better for this one

13 May 2018

Not

Watch downtrend channel and big blue triangle. Thinking it's down here if it dies notbreak now. Short with SL 8632

13 May 2018

Not

expect abc up as correction, doing triangle
Triangle itsself is the correctinal pattern
Potential outcome would be the triangle is wave 4, and wave 5 is incoming:

13 May 2018

Not

Zoomed in