A few days ago I just posted that we might be in a flat correction while most people was waiting on confirmation on the inverse-head and shoulders pattern.
Last post dragged loads of attention. I even got mentioned by 
who made a post of my chart
You can read it here: https://steemit.com/beyondbitcoin/@luiggih/bitcoin-expect-the-unexpected
So now I feel like I need to keep updating that idea because several people will be interested to know where is safe to start filling their bull orders into BTC.
This is what happened
Let's point out some likely bouce targets.
Whick key levels are looking strong enough for a strong bounce?
Usually 61.8% retracements are a solid point to enter intro a trade.
We know in advance that C waves are made of 5 waves. In flat corrections the most likely targets for C wave is 123.6 or 138.2% of previous wave A. However this is Bitcoin so I will be looking forward to some spikes to 161.8%.
Conclutions
Bitcoin looking ready for a bounce soon but just not yet. Patience pays off
For informational purposes only.
UPDATED!!!! BITCOIN EXPECT THE UNEXPECTED 3 -> https://steemit.com/beyondbitcoin/@luiggih/bitcoin-expect-the-unexpected-3-new-bull-cycle-about-to-start
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https://steemit.com/beyondbitcoin/@luiggih/bitcoin-headed-to-11-5k-short-term-technical-analysis-elliot-wave
https://steemit.com/beyondbitcoin/@luiggih/eur-usd-potential-double-top
https://steemit.com/beyondbitcoin/@luiggih/fibonacci-time-projections-key-tool-to-improve-your-timming-and-your-profits
https://steemit.com/beyondbitcoin/@luiggih/bitcoin-three-reversal-patterns-spotted
Thanks for Reading!
