if you look at my post from yesterday, you can see the 13.000. we went the way straight. okay. i thought we'd see a little backswing before that. now we've reached 13.000. so we've reached r2 at pivot, at fibs 1.414 and in fib-band 1.692 (1.618 extended). so now comes the correction. several options we have now. 0.786 = 10 - 11K, 0.618 = 9200, 0.5 = 8000. my big hope is 0.618. but bitcoin is unpredictable. but next up is sure ...
Let's see what happens. Happy trading. :-)
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Yorum
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okay, the 13k-prediction failed. now we at pivot r3, 1.618 fib and 2 at the fib band. so i expect a short and sharp correction.
Any predictions on where you think it's going to correct to?
Wheelman-
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@btcinvests, assuming you have different levels since it blasted to 13.8k, I mean
BTCINVESTING
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@WheelmanM80, up to 12k then mor down to 9.5
Wheelman-
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@btcinvests, dead on, wick to 12k so far
BTCINVESTING
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@WheelmanM80, :)
Jocoin
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Nailed it again! 10800/11200 strong support for due correction
Since i decided to publish my ideas 2 weeks ago to help others because i thought its the time for btc and i am really impressed for how accurate they are one after another.
And now like i said many times before that we are in strong wave 3 since from 7800 this wave should take a break between 12/12500
Now btc hit 12900
I also published another idea for classic bearish div on daily which is going to confirm the break and retrace for a bout a week range
But i still calling for the strong support according to my previous idea between 10600/10800 and 11000/11200 area is going to be the area from where btc should not break it after we hit 12/12500 and this is very important to resume climbing towards previous ATH at least for now and if it didn't happen expect the blood
Just in case we got the reverse I expect the behavior for next wave to be similar to the last one from 7800 or even sharper.
Hope this help
Original idea:
BTCINVESTING
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@Jocoin, great chat. thx for sharing. lets hope for a little correction to buy cheaper. :-)