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UnknownUnicorn846565
4. Nov. 2017 17:23

BCC to Moon Long

Beschreibung

BCC reminds me a lot of Bitcoin's Fractal before we broke ATH. Watching for the retrace back to the trend line before entry

Kommentar

Kommentar

We just broke out of descending resistance on the hourly timeframe. Commence liftoff for 5th wave :)

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Kommentar

Breakout of resistance next stop $900

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Sold at $900 for 50% profit
Kommentare
srathee
5th is usually smaller than the third.
srathee
@srathee, There will be a small correction after breaking 710-720. And then we are back to the moon :)
UnknownUnicorn846565
@srathee, With cryptocurrency Elliott Waves can differ. Because markets are so volatile there is more emotion inside the Elliott Waves which means that the 5th wave is often the biggest. If you go look at Bitcoin right now its following perfect cryptocurrency Elliott Waves which is why I believe Bitcoin will hit at least $10,000 before a major correction. The Fibonacci math also shows that BTC can very easily hit $13,000 too.
Shockinalive
@JolleyCrypto, Would love to see any charts backing up this statement :). I can't imagine a 10k target price with no (big) correction, I mean lets be honest...
UnknownUnicorn846565
@Shockinalive, No big correction before or after $10,000?
Shockinalive
@JolleyCrypto, before 10k, can't imagine it going up this hard without correcting itself also really hard. But that is just what I think haha.
UnknownUnicorn846565
@Shockinalive, In cryptocurrency that 5th wave can get really crazy. Don't be surprised if BTC climbs that high before a major correction
UnknownUnicorn846565
@srathee, The 5th wave could very easily break ATH with Bitcoin pumping so hard
Shockinalive
So approx. 700$ top and then down to 550$ and back to the moon, right? :)
UnknownUnicorn846565
@Shockinalive, Yepp, that's what it looks like to me!
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