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Like2Move

I'm afraid the fall isn't over yet

Short
Bitcoin (BITFINEX:BTCUSD)  
Like2Move Aggiornato   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Wave Analysis
39
22
trendanalysis waveanalysis
Wave 3rd drops too deep and that's why it's not the pattern ABC but 1-2-3. Likely, wave 4 is now formed (top below 3900) and wave 5 must be expected as wave 1.
Targeting to 2700 area.
Commento:
Resistance 3800 broken. Likely, my forecast of 5th wave wasn't successful. But resistances in 3900...4200 area still ahead and and we'll probably get a retrace (not a 5th wave).
snapshot
Commento:
You can see the humble ABC, down to 3460. If price hits above 3740, it will show a strong uptrend. Above 3740 target 4000:
snapshot

Idee correlate

Like2Move
Strong uptrend targeting 4400
Like2Move
Maybe the fall is not over yet
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