Bitcoin Breakout Alert on short term! whats going on? find out here!

in #btc6 years ago

Looks like BTC has hit the .786 Fib level and bounced!
this is a 5 minute chart and to me, I see a impulse starting. my method would be great for day traders or even swing traders. This is because the way I analyze the charts shows exactly when a breakout is most probable and exactly when the dip is most probable.

Screen Shot 2018-02-10 at 5.48.52 PM.png

SO! where is it going?!

On a short term? this is what I see:

and after that?!

Well on a short term, this is what I see:Screen Shot 2018-02-10 at 5.57.33 PM.png

if you like what you see, you want to learn, or this has helped/entertained you at all. I would love an upvote, resteem, comment and follow please. anything would help.

Dont forget to ask questions and request coin updates!
Thanks for stoping by :)

This is not professional Advice, Always be cautious
We are not liable for any reason for profits or losses
please make your own decisions

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I hope it stays low for a bit longer

Really great information post keep posting

thanks for the support! :)

thanks invitation from you ,, really interesting to see and follow ,, besides I can be friends with you, can add information from your post ,,

Hi Suf, I need some help with APPC.
So it looks like the first 5 subwaves completed wave 1...but wave 4 entered wave 1's territory so I'm now really lost. Any thoughts? Is it a random rare occurrence of wave 4 entering sub wave 1 territory? Funnily enough, after I did my count, Haejin posted an idea, but his wave 4 also eventually entered subwave 1.
Seems like we are in an ABC correction and the C leg is making a triangle before wave 3 starts.... APPC 2nd effort.png
Much appreciated :)

from the looks of it looks correct.

I have it like this: I used a Line chart instead of candle sticks.
Because I heard from people that Elliott waves don't always work on leveraged markets and that sometimes the extra candle wick doesn't count and thats just the extremities.

So I did this:

The corrections are aloways hard for me lol. but this is kinda what I see. Close to yours

But yeah, as for the Waves crossing territories. I dont think its a big deal. But it could be if it went farther. but If you use a line chart it will show they didn't actually cross.
Just my thoughts. hope it helped!

Maybe @haejin can check this out :)

Ahhh I never thought about seeing the result just using the lines.
Woohoo! Thanks heaps buddy. I've gone through and upvoted as much of your stuff as I can see :)
Any coins/projects you're fond of lately? I'm eagerly awaiting to see where BTS can land in a few months. I think it's going to the moooooon :)

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Positive news i see you mentioned there bro. Let’s hope you’re right.

thanks! follow for more and please upvote

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NICE post

thanks! and thank you so much for the upvote and follow :) thanks !

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greetings friends may we be good friends, do not forget my folow and Upvote, thanks