Bitcoin Triple Combination finale targeting $5500 feb 2020

23 Kas 2019

The rejection from $9400 has shown a continuation to the bearish trend.
The 42% move had many thinking the correction has ended
when it was only an X leg of a Triple combination WXYXZ
Potential target of $5500 in Feb 2020 using Log scale

23 Kas 2019

Not

Triple Combination WXYXZ 3-3-3-3-3 pattern (7 points)

23 Kas 2019

Not

Channel was moved by mistake

25 Kas 2019

Not

Thinking we might see a triangle here before the last big move down which I think will be more drawn out compared to the rest of the correction

26 Kas 2019

Not

Estimating a relief bounce to 7640

26 Kas 2019

Not

Thinking we need to scrap along bottom of channel before bounce

28 Kas 2019

Not

Target reached.
Looked at my fib retracement again I should of estimated $7662 but close enough :)
Now I think we make that triangle before the last drop before the bull market

29 Kas 2019

Not

Current Estimate

29 Kas 2019

Not

1 Ara 2019

Not

Triangle Estimate

1 Ara 2019

Not

Feeling my triangle estimate is too compacted
Alternate estimate

3 Ara 2019

Not

Current Estimate

6 Ara 2019

Not

Current Estimate
Still sure we are in a Triple Three combination WXYXZ
Currently in the B wave of the Z.
Looks like the A and B waves of an ABC are finishing
C target looks to be ~$8600-8750
FIb confluence zone meeting with Channel top around $8600

8 Ara 2019

Not

Still my current estimate
Not my normal way of placing a Gann fan
but it seem to line well so a good test for me