Bitcoin (BTC) Evening Update: $18,424 and then $20,467 Short Term Targets
A near precision hit of my morning forecast! Using the proportionate relationship of the flag Fractal #1 and #2 provided a reliable guidance to the upside target of day time price action! Not too shabby!
I have set multiple upper level short term targets of $18,424 and $20,467 as shown in below chart. These are the subwaves of the 3rd wave to $23,531 target. Therefore, BTC has completed circled white wave 1 and 2 and currently progressing through the circled white wave 3. I believe some exciting times are ahead. The video has more details!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**