BTC possible inverse head and shoulders & wave 3 Elliott wave

31 May 2018

If this is the case, target would be approximately 8034. The measured move lines up with the 1.618 wave 1 multiple for a wave 3 Elliott.

31 May 2018

Not

Move started right after I posted that, kind of funny. There is a chance that the move could be over now and my count is wrong (wave 5 could have just ended or something), so keep that in mind.

1 Haz 2018

Not

As of now this is still in play, also looks a lot like a Wyckoff setup.

2 Haz 2018

Not

Still think my target is valid at this point, also think we could go as high as 8500.

3 Haz 2018

Not

We hit another target at 7743, 8k here we come! :)