Btc Volume may be less but still bullish

5 Mar 2018

Hello everyone ! See guys this is the same elliot wave which i started posting when it went from 6k usd to 9k and retraced from there ! Posted on fb nearly 10 times ! There are many sub elliots ( in each 1 wave of this elliot cycle you can another elliot wave , patterns etc) ! But i m still confident it will complete and in fact we are going near to its completion ! 11800 USD is a strong resistance which can lead to a small retracement ( i can draw one more main elliot in graph but it gets messed with that) ! This long elliot should finish in 12.5k to 13k region ( or a lil more) from where BTC can have its ABC correction and take some rest ! You may be thinking volume low today in graph ( whenever we go near end of any H and S pattern many people wait for breakout ! they convert their btc to usdt or tether and watch the game ! ) Any ways guys BTC is overall bullish ( RSI has gone a lil high ! it will adjust easily here with very small retracement) ! The important resitance after getting out of this pattern is 11800 usd ( quite near you may think but its very powerful ) ! Any ways all these things are leading to some minor elliot waves ( and some patterns ) but we still are moving to chase our long elliot and we will surely be there ! No bears gonna stop that ! All the rules of Elliot are being validated and non spoilt by bears ! When BTC was retracing i posted several times it wont go below 9k usd or otherwise wave 4 and wave 1 would have overlapped breaking Elliot wave !

6 Mar 2018

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