Bitcoin Bull count

By Danbo | Crypto Trading TA | 20 Jun 2019


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This is my secondary count. Not the one I am favoring at the moment because of the divergences we can see on HTF. 

As you can see from the chart, if we haven't completed our 5 waves early June, we might be completing it now. The highest I can see is just under 10500$ (which would be a 2.618 extension of wave 1). 

 

I would estimate the likely hood of this scenario playing out vs the Bear scenario is about 25%. 

 

You can find my bear count here: https://www.publish0x.com/crypto-trading-ta/bitcoin-may-have-started-wave-c-expanded-flat-correction-xnqzeo

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Crypto Trading TA
Crypto Trading TA

Dedicated to Technical Analysis. Using EMA, Fibonacci and Elliot Wave mainly.

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