BITCOIN: Quick update

BITCOIN: Quick update
December 22 20:46 2018 Print This Article

BITCOIN seems to behave in a more “natural” way than what we are used to see lately…

After completing the 5 waves up now is correcting and seems that is doing this time in a more predictable manner… nonetheless, we are not free of “danger” in any way… everything is depending on the current movements…

If BITCOIN keeps moving as “predictable” , it should correct according to an A-B-C path.

The end of this correction used to be, in a “healthy” and “predictable” way, close to the (IV) previous wave which BTC did not reach yet…

What I am expecting now?

To continue the uptrend, of course, the end of this correction essentially should be supported somehow by the EMA50 line.

Everything above that EMA50 line is fine, below is BAD…

If so, we may see a nice inverted Head and Shoulders ready for pushing up…

Will see what finally happens…

@toofasteddie


*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.


view more articles

About Article Author

Too Fast Eddie
Too Fast Eddie

Superconducting Engineer working for the development of the Fusion Energy, Dad, Crypto-Enthusiast and Runner addicted. I am in a "Continuous Learning Mode" as well I am always willing to share my knowledge about the fields and topics related with trading, Cryptocurrencies, Blockchain technologies and Sports, in particular Running and Athletics.

View More Articles
write a comment

0 Comments

No Comments Yet!

You can be the one to start a conversation.

Add a Comment