BITCOIN: Two possibilities, same result... by toofasteddie

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· @toofasteddie ·
$1.84
BITCOIN: Two possibilities, same result...
<center>https://mentormarket.io/toofasteddie/wp-content/uploads/sites/3/2019/01/a-13.png</center> <br/><p>As explained yesterday... currently there are a lot of chances that the end of the correction has not been reached, and so, there may be a last move downwards in order to terminate the 5th wave down.</p>
<img src="https://mentormarket.io/toofasteddie/wp-content/uploads/sites/3/2019/01/a-14-1024x467.png" alt="" class="wp-image-2749" width="1024" height="467" />
<p>BITCOIN is now approaching the first target support on which I would expect some hesitance but, in order to complete the 5th wave down, I think there is a high likelihood of reaching a lower price than the one reached by the 3rd wave.</p>
<p>Using FIBONACCI Levels, right now BTC is touching the 61.8% of total retracement but, as you can see, does not seem tome that the movement is facing a strong resistance against...</p>
<img src="https://mentormarket.io/toofasteddie/wp-content/uploads/sites/3/2019/01/a-15.png" alt="" class="wp-image-2750" width="1005" height="834" />
<p></p>
<p>Next FIBO level (78.6%) is 3365 USD, in my opinion, we are going towards that level of prices so, I am laddering my entries from 3400 to 3365 USD...</p>
<p>Independently of the support, we may expect a new cycle upwards which should bring the BTC price to test, in a few days, the Target Resistance.</p>
<p>@toofasteddie</p>
<hr class="wp-block-separator" />
<h4><em>*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.</em></h4>
  

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@onerussianview ·
yep, the area looks nice
👍  
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@toofasteddie ·
Will see what happens, you never know with such a strange and manipulated market

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@bitbrain ·
$0.02
Looks right to me!
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@toofasteddie ·
Thanks man...yes, it looks quite realistic

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@beiker ·
k locura... y tiene pinta de ir para largo...
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@toofasteddie ·
Stick to the plan

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