MisterCoinabi

BTC_PLAY WITH THE FIRE? (elliot_wave_analysis)

MisterCoinabi Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
hello everyone

here is my first analysis of BTC for the next month.

The next few days are crucial for the current trend.

Wave 4 needs to be confirmed around the $21868 support line. Then wave 5 can be targeted.

If that doesn't happen, we're still in bear territory.

Updates to follow....

Have fun and watch out!
Kommentera:
hello everyone

There was no wave 4. So my suspicion came true. It is now important that the BTC sustainably holds the support lines (red). If we stay above the resistance (green), then I see a slight correction. If we stay below the support lines I mean we are trapped in bear territory.

Like and update follows

Watch out!
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