Quick BTC midday update 14.02.18

in #btc6 years ago

We have a liftoff in BTC. The neckline was breached with a decisive move up. That is great news for all cryptos!

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It was not a wave b, but likely the start of an impulse wave to 12,400$. BTC is looking bullish right now.

A bullish retest of the neckline like I predicted 3 days ago could still happen, but it does not have to. Could go straight up now, showing only smaller corrections on the way up...

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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, 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.
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!
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Have a nice day :-)

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I think we can confirm a reserval of downtrend because of the 9k broke and big buy volume?
Thanks for the analysis

Things are definately starting to move now! And with all the new users signed up over the past few months added to users with access due to apps such as Robin Hood, we should really rocket. A repeat of last years 20x increase from here would be awesome!

Verry good post.. thanks for sharing..

Interesting article! Checkout @cryptobroye for more bitcoin info and analysis. Im sure there's a lot we can learn from each other!

We have a liftoff in BTC

I'm ready! Thanks for the update :D

Past dollar cost averaging ensures participation in the next BTC 'moon shot'. Thanks for posting the news!

Excellent analysis.

The best post

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