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sebastian.seliga.7

Bitcoin #BTCUSD - possible scenario to the downside

Short
Bitcoin (BITSTAMP:BTCUSD)  
sebastian.seliga.7 Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
Wave Analysis Elliott Wave Bitcoin (Cryptocurrency) BTC BTCUSD Cryptocurrency elliottwaveprojection elliottwaveretracement elliottwavecorrection
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waveanalysis elliottwaves bitcoin btc btcusd cryptocurrency elliottwaveprojection elliottwaveretracement elliottwavecorrection
It looks like the recent breakout above the trend line might be a fake breakout. This is the current scenario that indicates a possible drop towards the level of $7,721.
Commento:
To be or not to be.
Interesting levels.
Targets on Chart.
snapshot
Commento:
The horizontal correction is getting stretched in price and time, but it does not mean this would be the second wave X in development, because as soon as the level of $7,890 is violated we will have the first confirmation that the low of the wave 2/b is in place.
snapshot

Idee correlate

sebastian.seliga.7
Bitcoin #BTCUSD - still more downside possible
sebastian.seliga.7
Bitcoin #BTCUSD - more downside in view
sebastian.seliga.7
BTCUSD - correction not completed yet
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