As BTC approaches our target of $7800. Getting longs ready to close shorts and play reversal on this thing. We're targeting $8870 with an aggressive target, with consideration of it stopping at the .328 local fib.
Not much explanation here. We all know why this is happening. If you are a new follower, or checking this post out for the first time and want to get caught up on WHY, check out the related articles, dating back toooo - I think March? With the Mt Gox Post. *edit* April, after I posted I now see April. :)
BTC Roadmap - $7800 - $8570 -7k
Does the BTC Daily MACD Trend Continue?
Consider Taking Profit in the Market
BTC - Similarities in Mt. Gox
Remember, this is ONLY to $8870 max. I am NOT targeting anything above and I am taking profit. Then will likely open a short. I expect another drop! As time moves on, there are alternate counts, but for now this is the main one.
Any questions are concerns, alternate ideas, "thanks" or "you're dumb, b*^ch," perma-bulls, and perma-bears are all welcomed in the comment section.
Uhhh yeah I think thats it. As mentioned, if you need reasoning for this OTHER than wave count check out the other posts. Also, follow me on Twitter (@cryptoeball). I update other coins and probably post more in there than I update on here now.
Of course things are likely to change on the smaller scale, but the main trend is and targets should remain the same, of course, its not always guaranteed. Alternate counts may be provided as time comse along. Part 3 will release when Part 2 is nearly done. Much Love!
-EBall
DisFreakingClaimer - I don't activate trades. Nor am I responsible if you lose money :). Please just consider this chart, don't follow blindly.