BTC update 16.02.18
The iSHS pattern is working as expected. The waves look bullish, no sign of a corrective movement. This is good news, if you want to see 30k BTC and a growing price of STEEM in the next months.
White wave 3 could be done already, I think this small correction is going to be white wave 4. It could also be green wave 4 in a more bullish scenario, but we won't know for sure until later.
There is not much more to be said today... Stay tuned...
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Have a nice day :-)
Yippie, finally moving back up 😅😇 Ein Aufwärtstrend macht doch allen Crypto-Enthusiasten jede Menge Spaß!! Ich bin gespannt wie sich der Markt entwickeln wird.
Things are looking up strap in and hold on for the ride.
Good work,good post.
Can wave 3 become more than 5-6 times of wave 1??? talking about green.. please correct me if I am mistaken
Yes it can. No problem or violating any rule.
than i think we r in still process of 3
Hello EW, great news, however I'm seeing lots of TA bringing BTC to a new lower low upon reaching 12k...what's your thoughts on that? Tks
possible, but not very likely.
I see the meeting with the parallel channel somewhere very close to 12 500:
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmVg5M5rKh8JjeUgoRr4wrwEeZohBcjPRc21tR11PhNu6Z/btcchanned.png)
Yes. Somewhere in this region we will see a big drop which will either be wave 2 or wave E. You seem to expect wave 2 as well.
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