Bitcoin Bullish Fractal Continuation & Elliott Wave Count
Accidentally posted this as an XBTUSD chart a few days ago so here is BTCUSD. This fractal has been reliably predicting price moves since the current bullish impulse began so I'lll be watching to see if this continues.
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too bad only a handful of people have been following me since i first started posting on this last week! i've had a very profitable weekend & looking for more!
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when it's all said & done - if we stay true to the fractal - this is still probably part of wave 4 that we're in now. we'll most likely dip down to 7700/7650 one more before we finish out the impulse. not that it changes anything substantively. i'll probably add a little bit for the last push if price moves below 7700 & stays in the channel.
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going to load up some shorts above 8k - at minimum we should pull back to make a larger wave 4 from that level.
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we've gone rogue a bit now - may have jumped into wave 5 earlier than the fractal indicated. will have to see what follows. bulls just couldn't help themselves!
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think we may be here
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this is going to be a big pullback
