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RE: Bitcoin (BTC) Morning Update: Triple Decker Inverted Head & Shoulders
Great analyses.
can you please say if EOS/BTC looks like Cup and handle? or what is going on with EOS/BTC it keeps on dropping slowly and with low volume
Wave C must be lower than A
So you think C will have same value as B or should it go below it?
I think there its time to think about the entire market cap.
It stagnates at about 500M.
Which means, the raise of BTC price is a converting from altcoins to BTC.
Thats why BTC pairs fall constantly
Breakout needed on usd
does iii look impulsive or overlapping? Consider wxyxz?
:) Needed, but accomplished, so now $10 is the next stop according to your analyses, then 9.6 and then higher. hmm
Thank you very much, VERY good chart. I see 4.618 happens frequently with EOS
The broadening pattern well applies!
Yes, but do you think the handle coincides with wave 2 or 4? It makes a big difference on depth of retracement.