New ATH soon?

٢٤ أغسطس ٢٠١٧

A really bullish BTC scenario with an implied new ATH today.

I have no good experience with Elliot waves, so I might be doing it wrong, though.

٢٤ أغسطس ٢٠١٧

تم فتح الصفقة

Perfect entry right now.

٢٤ أغسطس ٢٠١٧

ملاحظة

Now pushing through resistance. A nice target for today would be $4350.

٢٤ أغسطس ٢٠١٧

ملاحظة

This idea about the big channel does not seem to work out. We can be a bit lenient and move the uptrend line, but no big push so far.

I'm still bullish, since BTCUSD forms a smaller uptrend channel:

٢٤ أغسطس ٢٠١٧

تم إغلاق الصفقة يدويًا

The second and third push into the resistance failed to gain enough volume. Pullback below $4200 is likely and an even further drop is posible. Exiting now with small profit.

٢٥ أغسطس ٢٠١٧

ملاحظة

Twenty minutes later it pumped up and hit my target. Sucks.

٢٥ أغسطس ٢٠١٧

ملاحظة

Still bullish. Looking for another entry.

٢٦ أغسطس ٢٠١٧

ملاحظة

That dump has thoroughly invalidated my game plan. Now it looks very ambiguous.

The hourly chart looks bullish:

The daily chart looks bearish:

Either, we see a strong push and a new ATH soon or we should dive down during the next days like $3500 or lower.