Bitcoin/USD -Falling wedge as potential end of local correction

26 apr 2018

Left fibo levels are 11.7k - 6.4k, right one are 6.5k - 9.7k. 38.2% fibo may end this correction especially because this level is also around local high from April 15th.
Also we are currently above ALL down-trend lines (log and linear) from Bitcoin ATH so basically we just started (April 19th) new - at least local uptrend.

26 apr 2018

Commento

There is also a possibility that we are now in the wave nr 4. So 5th could bring us under 11.7k.

26 apr 2018

Commento

We left wedge a bit faster. Possible end of wave B currently:

27 apr 2018

Commento

Last attempt to drawing this correction. Looks like we are lacking of last 5th wave (of B wave) so we could reach $9500 and start to go down after that.