BTC morning update 26.02.18
Here is a quick morning update for BTC. The overnight price action shows white wave 2 of C is likely done now and I expect a sharp decline for today.
White wave 3 of C should be next... stay tuned...
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
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Have a nice day :-)
The correlation is incredible between this and XVG. Have a look at the post I made this morning - If the pattern plays out and this Zig-Zag complete's, we could have a potential H&S forming with the neckline breaking and possibly heading to the previous low:
https://steemit.com/verge/@youareyourowngod/updated-verge-xvg-prediction-using-ewt-and-fibonacci
I’ve developed a real dislike for the term ‘sharp decline’. Let’s hope it is over soon.
More and more technical analysts I observe here I get the impression everybody is often wrong and sometimes right what makes TA a mumbo jumbo.
Good analysis, buddy. Let's hope that scenario happens the same way.
I invite you to visit my last post:
https://steemit.com/bitcoin/@emmanuel250998/the-litepay-payment-platform-will-be-launched-today
I would very much appreciate your support. A big hug and greetings ;)
Thank you for your update! Please keep update in the afternoon or evening :)
Eventually is greening lol
Usually mondays are full of blood, lets see
if the price again exceeds the level of 10000 USD then the correction will end. So 10000 USD level is important point.
Thanks for this early morning update
excellent your post..i will done upvote and resteem..Thank you for this reassuring post.