BTC retrace possibilities

12. Mai 2018

Assuming correction is NOT over, here are two quick possibilities I am watching for.

12. Mai 2018

Anmerkung

After fine tuning some fibs and such, we are at first possible bounce zone

12. Mai 2018

Anmerkung

Holding so far, but not impressive.

12. Mai 2018

Anmerkung

Bulls need to break 8350 with gusto to show other bulls that an impulse up is starting

12. Mai 2018

Anmerkung

Bounce looking good, now we need to make a higher high:

12. Mai 2018

Anmerkung

.
Nice!

12. Mai 2018

Anmerkung

WAITING for 8400 retest

12. Mai 2018

Anmerkung

breaking that 1.618 like that is impressive as hell
s3.amazonaws.com/tradingview/snapshots/t/tLUTcJ63.png

12. Mai 2018

Anmerkung

based on this Fib battle, moving my retrace zone higher, 8460

12. Mai 2018

Anmerkung

Looking good still, waiting to see what happens here:

12. Mai 2018

Anmerkung

all in the plan
s3.amazonaws.com/tradingview/snapshots/6/62YPAKQB.png

12. Mai 2018

Anmerkung

We really need a bit o retrace here

12. Mai 2018

Anmerkung

Caution here:
s3.amazonaws.com/tradingview/snapshots/h/h5xOeG99.png

12. Mai 2018

Anmerkung

hit a 2.618, gotta pull back a bit now
s3.amazonaws.com/tradingview/snapshots/t/T9hACu6c.png

12. Mai 2018

Anmerkung

Need to cross 8700 to proceed to next resistance zone

12. Mai 2018

Anmerkung

If this micro move plays out like this and bounces hard off 8500-ish, we are BULL af!! s3.amazonaws.com/tradingview/snapshots/m/mTKKuVQR.png

12. Mai 2018

Anmerkung

So the ABC retrace is deeper than expected, but still normal and still bull. Now we need to bounce at or above 8350

12. Mai 2018

Anmerkung

Critical moment here:

12. Mai 2018

Anmerkung

8350 battle, Round 136 or something.
Both sides know the importance here

12. Mai 2018

Anmerkung

Bulls look to have held 8350 for now.
But i wish the bounce was more aggressive.
No volume right now, but a good sign instead of a bad sign

12. Mai 2018

Anmerkung

Could this be the impulse up to 9k?

13. Mai 2018

Anmerkung

If break this 618, then previously posted 12345 above is still in play

13. Mai 2018

Anmerkung

This is good w4-like behavior: slow consolidation, perhaps a triangle. Watching 8540-8560
s3.amazonaws.com/tradingview/snapshots/9/9SGSScyC.png
If it bounces there and then breaks 8650, then I will be more confident that bottom is in.

13. Mai 2018

Anmerkung

Is this the bounce?

13. Mai 2018

Anmerkung

.
Fine tuned targets

13. Mai 2018

Anmerkung

Here we go?

13. Mai 2018

Anmerkung

BTC behaving as I last posted. A good sign in that it is rational again!
I am now trying to estimate the pullback

13. Mai 2018

Anmerkung

8850 next?

13. Mai 2018

Anmerkung

88xx still on the table for this run. I had the wrong 1-2 wave imo
s3.amazonaws.com/tradingview/snapshots/p/P1Ynxpwe.png

14. Mai 2018

Anmerkung

That very last chart did NOT work out.
Turns out the last push up was actually the Wave 5 of bounce.

So now I am watching for this:

14. Mai 2018

Anmerkung

Ouch, came screaming down into my zone.
Knife falling fast, wait for it to hit and stop quivrring, but watching.

14. Mai 2018

Anmerkung

Oh well, no ground found yet

14. Mai 2018

Anmerkung

Back to the original plan: was a wave 4, and wave 5 has started:

15. Mai 2018

Anmerkung

Currently watching 8500 range for sings of correction being done