FibnFork

Bitcoin 4th wave?

Long
FibnFork Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
Will this correction from the key resistance area be the 4th wave? Support found was the 100% extension off wave A with some RSI divergence. Only hesitation is the mess that is wave C, but elliott waves are seldom perfect.
Other levels
  • 38.2% retrace off wave ii->iii
  • Area of previous res/sups back in late january and on this most recent move upwards
  • Slightly lower we have the weekly pivot & potential trend line with the 50% retrace off wave ii->iii
  • The 38.2% retrace of the entire move higher from 6th feb comes in at $9541
Commento:
Commento:
Channel provided some support. Now on the daily pivot.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.