BTC correction to 7k~ before rally continues

14 giu 2019

BTC should form an head and shoulders through Elliott Wave theory bringing it down to 7k over the next few weeks or so before we continue our rally up
Red and blue lines are important FIB lines where it may bounce (8.7k and 7.8k)

14 giu 2019

Trade attivo

Short term (2-3 days) short trade active 8300 to 7800 target (6%~)

15 giu 2019

Nota

With the breakout up to the red fib line, we can assume that this whole trend will be be accelerated, assuming this is the top of the B wave. 7k is still possible however the bottom may be around 7.5k~ instead since this push up was so powerful

15 giu 2019

Nota

Analysis invalidated, new analysis