Quick BTC morning update 11.05.18

in #btc3 years ago (edited)

This morning the waves show a potential for blue wave 2 being in progress already! That's great, because it means blue wave 3 is soon to follow.

@haejin already hinted at blue wave 2 completing the right shoulder of this giant iSHS pattern. Go check it out on his page.

This is my primary count now:


If this is correct, the buying zone is in the range of 8,400 - 8,000$.

In only a few days, we could see the new uptrend showing us what it is capable of... The blue wave 3 target is a minimum of 14,000$... Stay tuned...

UPDATE: Here is a quick SBD update:


UPDATE 2: We landed in my buying zone. Wave C could be done already, but down to 8000 would fit better. Awaiting confirmation before next post.

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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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Good stuff. I’ve heard Charlie Shrem state that May will be the last time btc is below 10k.


Let’s hope he is right.

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Really excited right now, btc is bring down my fave Alts and soon hopefully will hit some great entry prices!!!!

this post is very helpful, very good work.@ew-and-patterns

Can't wait for the new uptrend and bull run!!! I expect so much from the month of May for BTC and alts.

Wooo good job ....
Nice post 👍👍👍👍👍

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We are short before the buying zone at the moment $ 8,788.484 I hope your right and it goes back up to 14K in the next few days :)

June month is going to be great

So far you are on point! I have seen many others with the same prediction of a bull run coming!

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Great information.

hey EW&P I think you said in an earlier post you wil be buying more sbd at these levels. are you?

Not yet, because the new count suggests under 2 dollars. But I am prepared to buy more soon.

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