Just when the world went bearish, BTC said NO... bring in the BULLS.
Pamplona anyone?
I bet you have all heard the Crypto saying PAMP IT... that is exactly what it means... RUN WITH THE BULLS! And where is that done? PAMPlona, Spain!
We are in a wave 4th subwave at this present time, and then the 5th subwave to complete the 3rd internal of the Primary 1st.. YES WE ARE STILL IN WAVE 1... huge right ;) And for those that don't speak EW... I just spoke Chinese to you... bring on the haters... BUT hey... ELLIOTT WAVE WORKS....
REMEMBER nothing ever goes straight up... and what goes up, must come down.. This is derived from Newton's 3rd law of motion that every action has an opposite and equal reaction. However, Newton's 3rd law doesn't explicitly say “What goes up must come down”. It more so describes the interaction of forces between two objects, not gravity. And in trading those forces are the BULLS AND BEARS!
So while we are heading over $10,000 currently, it will not be a direct route there, enjoy the ups and downs...
BUY THE DIP!!!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
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BTC almost hit target on Bitfinex, my Bitmex and Binance targets hit, then clearly we have gone into a correction with a string bounce. Our angle of rise is currently holding strong. I am waiting for next candle to access if this is the end of the https://corhttps://www.tradingview.com/x/vSRxxxkZ/rection.
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correction (sorry words above got jumled)
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Our wave extended here, and retrace has been a direct hit to 0.382 ;) hopefully the bulls can hold this region
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We have just hit Target 1 - as we head higher to retest the resistance we got turned away from with that $1,000 drop
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BTC has formed the triangle by crawling along resistance and dropping to support, and always nice to wake up to some morning glory ;)