Uh oh
Uh oh
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consolidation time Holmes
ven to rise above this shitcoin
If you draw that line properly we don't hit it until 13k.
This lmao. Also use bitfinex not coinbase.
uh oh what? uh oh we broke the resistance?
>meanwhile...
in OP's mouth
>yfw that's still the first bear trap
Uh oh!
Zoom out
...
Uh oh!
We will hit the real target in a few days, thing may get bloody or a real bullrun might start.
what the fuck is that arbitrarily drawn line faggot
l2draw
dont cut through the wicks
>This
Currently shorts are opening and longs are closing but the potential crash won't happen for atleast a few days.
Also it would be foolish to bet everything on another dip right now, stay safe folks!
>cutting through the candle wicks
user got some parkinsons goin on right there
>basing your lines off wicks
top of the candle faggots
do you draw it from the top of the candle or the wick?
You could choose one or the other, not both.
Whoa, holy shit man this is the most advanced line I've ever seen.
generally for less volatile assets you wanna do the open/close (candle) but for btc I'd say wicks are acceptable
thanks boys, back to attempting to learn elliot wave I go
Start with this video
youtube.com
Don't bother, elliot wave counting is a meme, just like astrology.
Using meme lines and Moving Averages, I see this resisting at around 12k. If it goes above that and doesn't reverse, I'm buying in. If not then wait and see game for me. Zooming out, we clearly aren't out the woods yet. This could be a bull trap, which is what worries me. Vid related
don't post TA if you don't know the 101 basics.