BTC Bitcoin real time update 5 18 17

This site is for informational and entertainment purposes only and not in any way intended to be investment or trading advice.  You are 100% responsible for your financial decisions at all times.  It is highly recommended you DO NOT  make any investment or trading decisions depending upon what you read on this blog/newsletter!

NOTE: BTC breaks the truncated wave 5 pattern=high prob bullish = you have to assume BTC will reach or exceed top of bullish channel. The key will be the effect BTC’s continued relentless rise has on other altcoins.  Recently, all coins have gone up together (generally).  Early this morning all were up again = shorting not high prob at this time. However, coins sold only in BTC should be watched and traded especially carefully until clear correlation is confirmed.

NOTE 2 — RED FLAG watch volume — this breakout should create high volume while price going up — if it doesn’t raises probability of reversal.

btc channel 5 17 18


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s