BTC UPDATE SHORT TERM

Monday, June 18, 2018

The triangle decides trick me again. However at medium term everthing still possible because BTC continues to be in danger zone and I'm still not sure if the bottom is in. It's very likely the bottom is in but I need some kind of confirmation. For now BTC has huge resistences to break and this will show me his true strength at short term.

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ETH UPDATE SHORT TERM

So the upside is the way for short term but the bulls are still in danger zone and need more than this to say that the botton is in. Because of this I still follow the both counts.

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BTC UPDATE SHORT TERM

Despite my bull count in medium/long term, at this point seems BTC (and ETH) is labelling a bear frag so expect the resolution very soon.

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BTC UPDATE MEDIUM TERM

Thursday, June 14, 2018

BTC extended a little more than expected but not invalidate my count. Despite this I do not advise enter long at this price cause BTC is still above the support line and now will works as resistance. If BTC goes up and break the 7 k with strength and volume the odds suggest the downtrend could be finished. Let's see how BTC will behave when achieve the 7 k.

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ETH UPDATE SHORT TERM

It's possible wave c of ii/b already finished. However, the bulls still in danger zone and should be vigilant cause this possible wave c of ii/b also could be the minor wave i of c. For now, I see a great retracement (76% fibo) of the wave i/a so if the count is correct the odds suggest the end of this downtrend.

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ETH UPDATE SHORT TERM

Tuesday, June 12, 2018

Following last update.

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BTC UPDATE MEDIUM TERM

Nothing changed since my last update. BTC maybe is finishing the wave E (green) or close to finishing the wave d (red). The decision is close.....At this point I would say my primary count is the bull case but we must be very watchful and if the price goes to the downside the reaction could be very aggressive.

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ETH UPDATE SHORT TERM

At this point I don't see ETH doing lows above the 360 dollars (april low). Since that low the pattern seems clear and after one more selloff expect some reation for the bulls.

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BTC UPDATE MEDIUM TERM

Monday, May 28, 2018

My thoughts about bitcoin... In the medium term I'm following two diferent options (one bullish and one bearish). At short term btc is coming to a strong support, which I think will resist this time.

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