BTC update 03.10.18

in btc •  19 days ago

My Bullcount is still in play. I am very neutral towards this count, but I can tell you one thing:

If BTC hits 6200 or close to that and you see a big buying candle right afterwards, this count will be a lot more probable than it is now.

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One thing is for sure. In the next few months BTC will either break to the upside or to the downside. 6800 and 6100 are the levels to watch for... stay tuned...

NO UPDATES till sunday, I am on a short vacation...

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If you think this to be useful information:
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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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DISCLAIMER: This post / analysis serves general information purposes only. I am not a financial adviser. The material in this post does not constitute any trading advice of any kind. This is just the way I see the charts and what my trading ideas are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is entirely at your own risk. I am not responsible for any of your losses. By reading this post you acknowledge and agree that you will never hold me liable for any of your losses.

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Have a nice day :-)

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Resteemed. Thanks for the update.