Bitcoin going as expected

9 เม.ย. 2018

I am bearish and my position stands still. Unless it breaks out $7,500, I will not consider this market as bullish.
I think wave 2 has been validated thus I am to update my target which hasn't changed much from before.
I fib extended wave 1 to target 100% and 162%.

9 เม.ย. 2018

บันทึก

Here are my current counts.

9 เม.ย. 2018

บันทึก

One of my favorite trader, Hoony has been mentioning about the bollinger band in weekly chart. It hasn't touched the bottom part of the bollinger band so there is much room for price to fall.

Here's Hoony's tradingview page. He mostly analyze in Korean.

9 เม.ย. 2018

บันทึก

kr.tradingview.com/u/hoony/

9 เม.ย. 2018

บันทึก

Touched the orange trendline and bounced.