Those who follow me already know, that I called this upmove way before it happened. It was two weeks ago (before the fork).
I don't believe in news. I am a firm believer in waves. And as you can see, even though there was much doubt and people calling the next BTC crash when forked, i saw that the bulltrap was invalidated at the 2800$ level according to elliot wave rules.
THE WAVES WERE STRONGER THAN THE DOUBT. Let that sink in for a minute.
UPDATE: current high is 3300$
Here is the post where i called it :
https://steemit.com/bitcoin/@ew-and-patterns/btc-in-a-stable-upmove-above-2800-the-bulltrap-has-been-invalidated
If my count is correct, this is how BTC should move on from now
This was way before the fork:
If you think this to be useful information:
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way i see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Tell me what you think...
Have a nice day :-)