BTC/USD - Will we reach $9,128? 15/5/18

in #bitcoin6 years ago

Holla

Suhdudes, yesterday discussed the magic region of $9,128 - $9,250 as a very critical junction point.

My point about it still stands, as we could break above it and target a 10k break from here easily.

BUT , man the buying is slowing and its looking like it almost wont make it.

I am unsure if we have completed our waves up, currently displaying two counts .

The blue count in my chart leading us to $9,128.

The white count meaning waves up are over.

Getting extremely mixed signals from #BTC, as price has also been rejected for a third time at a heavy resistance on the daily.

So unsure if the $7,773 test will occur, or a strong break up may mean we are onwards and upwards!

a strong break above $9,250 will lead to a 10k+ test.

a strong break down below the red support labelled on the chart may lead to a $7773 test.

SO CONFLICTEDDDD, BULLS v BEARS FIGHT!

Enjoy!

Short Term Bear Flag?
Screen Shot 2018-05-15 at 3.07.18 pm.png

Longer Term Resistance Rejection, is B wave over?
Screen Shot 2018-05-15 at 3.13.01 pm.png


Legal Disclaimer: I am only as good as guesses and fibonacci , i love to share my information however i am not telling anybody to specifically follow in any of the trades or decisions i make. I win , I lose but at the end of the day i use this all as a platform to share my opinions on possible outcomes and trades i will be completing. Happy Trading!

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