BTC/USD - Breakout or Downtrend? 10/2/18

in #bitcoin7 years ago (edited)

Still no clear confirmation on a breakout. Still expecting prices to push a bit higher into the predicted 8500-9000+ zone.

(sorry outdated chart from last night)
E wave Destination.png

However this morning we are seeing ourselves in the zone, but still very questionable as to what could possibly happen. I myself have decided to wait to see how prices act between the $9000 - $9500 range, if we break upwards out of this there is a possibility we have seen our lowest low and we may be done here.

But something is telling me we are yet to see it and that 7, 6 & 5 k are still on the cards, ill be watching as we enter the 9k region and see how prices move! I will either be selling all the laddering i did on the way down and retain it for the next low, or hodl as we go up!! Lets see how the next few hours play out.

Screen Shot 2018-02-10 at 10.32.12 am.png

Legal Disclaimer: I have no idea what Im doing and Im not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 65709.71
ETH 2614.52
USDT 1.00
SBD 2.69