Sixty-Nine’in with Elliott! BTC/USD
Well howdy doo y’all!
Sorry I missed you all last Friday, had to go see my Ma and Pa because of some family troubles. Don'tchu’ worry; Timmy did not get stuck down in the well again.
While I was-a-hopin’ for a more graceful fall down to the $6,600 range; it would seem like that the rest of the world was in a hurry to get there. With a nice rebound followed by another pop to the jaw drop to $6,400.
Not a worry though! There we can see that head and shoulders giving us the business in an upside down manner in which only I have seen the most daring of my cousins provide at the family get togethers. Fortunately, the completion of this is seductive act has placed us right smack dab in the middle of wave 3.
I can see us riding this up towards $7,900-$8,000 reasonably; however I cannot see much else that is going to push us over that and consequently, we will be heading back down to see what $6,000 is gonna taste like.
I am pretty confident in this series of waves, but just in case I will be placing a stop loss around $7,200 and I am sure we will plummet shortly after.
Remember don't drink and trade...always ask someone to hold your beer first!
((Guide
Solid Lines: High Strength Support/Resistance
Small Dotted Lines: Medium Strength Support/ Resistance
Lines with Dash Marks: Low Strength Support/ Resistance
*White Dashed Line: Weak-Ass Punk Support/ Resistance))
Sorry I missed you all last Friday, had to go see my Ma and Pa because of some family troubles. Don'tchu’ worry; Timmy did not get stuck down in the well again.
While I was-a-hopin’ for a more graceful fall down to the $6,600 range; it would seem like that the rest of the world was in a hurry to get there. With a nice rebound followed by another pop to the jaw drop to $6,400.
Not a worry though! There we can see that head and shoulders giving us the business in an upside down manner in which only I have seen the most daring of my cousins provide at the family get togethers. Fortunately, the completion of this is seductive act has placed us right smack dab in the middle of wave 3.
I can see us riding this up towards $7,900-$8,000 reasonably; however I cannot see much else that is going to push us over that and consequently, we will be heading back down to see what $6,000 is gonna taste like.
I am pretty confident in this series of waves, but just in case I will be placing a stop loss around $7,200 and I am sure we will plummet shortly after.
Remember don't drink and trade...always ask someone to hold your beer first!
((Guide
Solid Lines: High Strength Support/Resistance
Small Dotted Lines: Medium Strength Support/ Resistance
Lines with Dash Marks: Low Strength Support/ Resistance
*White Dashed Line: Weak-Ass Punk Support/ Resistance))
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