evizcarra

ABCDE Channel @wave 4 on BTC

BITSTAMP:BTCUSD   Bitcoin
Hi guys, thanks to the people who have followed me and commented my previous ideas.
Since the present weeks events, I have updated my chart, and made corrections on it, and because of the last downtrend and internal wave 4 fall in the price are of the wave 1 and thats impossible, so I rewind the tape, and started all over again from last count and that´s from the present year peak at 13k price which is in my count at wave 3.
Following that trend, I consider that we are in a wave 4 in progress, and its moving in a ABCDE channel, I think that this ups and downs are part of the last events reported by the news (bitmex news, Trump news, J. Powell testifying in the congress, etc.) that confirms that ABCDE channel wave.
So if you bought at 11.8 or bellow, congratulations! Price is going to up in the next days, you have to wait just until the E wave ends, and that might be the last chance to buy.
Have a nice day and a good trade!

This is not a financial or investment advise, invest at your own risk.
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