BTC/USD Still In Triangle

in #bitcoin • 7 years ago

Yesterday it looked like Bitcoin broke out of a triangle to the downside.

TradingView
That move down to $6227.71 (Coinbase) may have been the final leg of the C wave of an ABCDE.

TradingView
If that's the case, then price is still in a triangle and the current move upward may be the D wave taking price to $6560.00.

I’m no expert and this isn’t financial advice

#btc #cryptocurrency #technicalanalysis #elliottwave
7 years ago in #bitcoin by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.13
    TRX 0.23
    JST 0.031
    BTC 80122.45
    ETH 2022.45
    USDT 1.00
    SBD 0.87