ShepWave Pre-Market / Intra Day Update for Wednesday Published.
by ShepWave.com
Posted: 1/23/2018 22:16 EST
Dear ShepWave Subscriber,
"Wild" doesn't begin to describe Bitcoin's price action.
Less than 12 months ago, it traded as low as $1,200. By early December, it hit a high of $19,891 – and on the CBOE, Bitcoin futures topped $20,000.
Then, on December 22, Bitcoin crashed to $10,400… then rebounded as high as $17,000 into January... and now, it's again trading in the $10,000 range.
Are you wondering what’s next for Bitcoin and cryptos?
Our friends at Elliott Wave International just released a new, free report: “Bitcoin: The Greatest Bubble of All Time.”
In their nearly 40 years in the business, EWI has applied Elliott waves to hundreds of different markets -- some mainstream, some exotic. When they first studied cryptocurrency charts, they saw familiar price patterns. Yes, Elliott waves are at work in this brand-new asset class just as they are in the established markets.
EWI was one of the first (possibly the first) financial publishers to ever talk about Bitcoin back in 2010.
Which means, you need to hear what Elliott wavers have to say about it now.
Read “Bitcoin: The Greatest Bubble of All Time” now, free.
Sincerely,
Shep
P.S. Our friends at Elliott Wave International just released a new, free report: “Bitcoin: The Greatest Bubble of All Time.”Whatever you think about cryptocurrencies, you don’t want to miss these insights.
The recent market activity is giving us some key indications of what to expect coming into the final days of January. Remember we have an important potential TIME--CYCLE DATE coming as well.
Please read the notes in the QQQ (NDX) charts carefully--especially regarding the Gap up from Tuesday and the potential Gap (Island) patterns we have working here.
Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update.
| Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
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