• Home
  • US Market Updates
  • Education
    • Beginners Video Course
    • Intermediate Video Course
      • Syllabus of the Course
    • Trading Like A Pro Video Course
    • Video Lesson of the Week
  • Blog
  • Chat Room
  • Pricing
  • FAQ
Menu
  • Home
  • US Market Updates
  • Education
    • Beginners Video Course
    • Intermediate Video Course
      • Syllabus of the Course
    • Trading Like A Pro Video Course
    • Video Lesson of the Week
  • Blog
  • Chat Room
  • Pricing
  • FAQ

Bitcoin - has completed a corrective structure of the correction off Dec 2017 top

Bitcoin is approaching an important target of 3090 where the final (a)-(b)-(c) of the wave ( v ) may get completed. 
3,090 is 176.4% extension of wave ( a ) which a very typical extension for completion of the wave ( c ). 
Together with a very completed micro five wave structure of the wave ( c ) of ( v ) that creates a high probability LONG setup. 

At the moment we witness an extreme bearishness about bitcoin. Yesterday I saw a headline “Bitcoin is dead”. <p><strong>By this moment the vast majority of bulls threw in the towel. That is a perfect condition for start of a rally.</strong></p>

Bitcoin - Daily chart updated on 15 December 2018

Tags
$ES $SPX a-b-c- up pullback a-b-c up Bearish reversal Bear Market Rally Bitcoin Bottoming Breakdown breakout Bullish Wedge Crude Oil Daily Double Three DXY ES Expanded Flat Expanding Triangle failed breakdown failed breakout Green Box Head and Shoulders i down - ii up setup Inverse Head and Shoulders i up - ii down setup Macro micro Month Opening Range NQ one more high one more higher high Red Box RTY Running Flat S&P short setup SPX topping toppying trading setup triangle Triple Three weekend Weekly YM
Read my Blog

  • My Account
  • Login
Hestia | Developed by ThemeIsle