฿ Bitcoin BTC/USD Daily Video September 03, 2019

[Sive Morten]

Good morning,

Once we've completed our report yesterday - BTC has shown acceleration, changing short-term context. Now we consider potential reverse H&S pattern and action to 11-11.1K area:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[ED SCHAFFER]

Right Sive, BTC is indeed swinging around now & so the whole entire picture is changed.
That is the advantage of doing alternative wave counts folks or if you do not do Elliott waves, then envision alternative scenarios contrary to your own preferred scenario. Sive does this all the time folks. Forewarned is to be forearmed!