Bitcoin

8 May 2018

Hello everyone!

As you can see, #BTC hit 10K level and entered a correction.
I expected #BTC to reverse after the correction that we had until 9400... but after a short reversal; a new correction wave started.

If wave “D” from this triangle is already over; we will have even more correction to complete wave “E”.

Only if the red trend breaks above, we can say that wave “D” is not yet over...

Anyway I expect the current fall to continue below 9K

We are in search of reversal zone in lower time frames and will update you soon.

9 May 2018

Not

Possible scenario

In my eye the correction structure is still valid; until 8800 in the first step and then a short reverse in form of wave “b”. Followed by third wave of correction which will continue after that...

9 May 2018

Not

Buy around 9200 - 9250
stop loss 9 k

11 May 2018

Not

Possible Scenario

For #BTC to rise, it has to break 9200 level and stabilize.
If no, every move can be counted as a short rise followed by a bigger fall...