BTCUSD : weekly. descending wedge

16 בנוב׳ 2018

Target zone :



or more aggressive variant. But this one include all indicator going so low and deep that we would end up entering guiness world record book for the lowest indicators ever recorded :


Overall check if break out :




And here i show you how i can draw beautiful lines :

19 בנוב׳ 2018

עסקה פעילה

seems to have found a support at projected lvls.

We are now in the most oversold state of the BTC history. November 2018 is the deepest ever recorded for BTC.

20 בנוב׳ 2018

עסקה פעילה

the next area if we broke this support is in the upper 3k :

20 בנוב׳ 2018

עסקה פעילה

if i trick the spike of the A (see green circle) it gives us a target reach for the abressive retracement.

The fifth wave is clearly present. The question of extension of the waves can still in be place. The bottom will be indicated a a huge rise in volume (what we have here) at support trend line. The rise in price is still not present. We need a sharp rise in price with a huge volume to confirm a recovery :

21 בנוב׳ 2018

הערה

i spotted an inv ABC that might take us to 5.3k in this post :

For now we landed on my most agressive 1.618 extension