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MikeJoseph
About me My name is Mike, weary of unearned wisdom, there are no shortcuts - this analysis is one of education, we're watching the emotions of fear and greed unfold in an elaborate display of turbulence as the price bounces thru unknown confluences.
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68 % cryptocurrency 10 % indices 5 % stocks 17 % other
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BITSTAMP:BTCUSD 29% | 44 BITFINEX:BTCUSD 15% | 22 GOLD 5% | 8 BTCUSDT 5% | 7
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Correction IS NOT OVER - $7800-8100 coming
BTCUSD
, 240Short
BTCUSD: Correction IS NOT OVER - $7800-8100 coming

There is still Waves 4 & 5 that need to complete as per Elliot Wave count; Still a chance to buy around 7800-8100 Elliot Waves don't lie selly betch

Fib Golden Ratio is exactly $8000 USD!
BTCUSD
, WShort
BTCUSD: Fib Golden Ratio is exactly $8000 USD!

Look how the Fibonacci level perfectly coincides with all the other indicators at 8000 USD

Bottom of the Correction (ABC), and Buy Zones.
BTCUSD
, 240Long
BTCUSD: Bottom of the Correction (ABC), and Buy Zones.

We're finishing off the larger scale wave 2 of 5. Wave 3 is the steepest most violent rally; let's see where it takes BTC.

Clear Fractals have formed
BTCUSD
, 240Short
BTCUSD: Clear Fractals have formed

Do you see the fractal pattern that has formed, should we get one last lower-low to finish it off?

ABC Correction, Terminal Leg (5 of 5)
BTCUSD
, DShort
BTCUSD: ABC Correction, Terminal Leg (5 of 5)

We're on the last subwave of the last leg of this correction

Descending Wedge Finishing despite false breakout
BTCUSD
, 120Long
BTCUSD: Descending Wedge Finishing despite false breakout

This wedge has been clearly forming for the past two months but just broke out and came right back down to earth - 8k - 7500 first support.

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