$Bitcoin at the end of the road for this parabolic move up? UPDATE Market report #10 23 05 2017steemCreated with Sketch.

in #bitcoin • 8 years ago (edited)

Elliott waving the Bitcoin

A leading diagonal is emerging. Ending the parabolic move up? This could also just be the 1st wave in the 5th wave.
But divergens is building on a 60 min chart.
BTCUSD 5th wave.png

This alternate count will break the support line before making the 5th wave up.
I would say the most likely of the 2 counts - time will show:
BTCUSD 5th wave alt count.png

Best to your trading
WSS
René

Stay tuned more updates on its way!

#btcusd #crytocurrency #wallstscalper
8 years ago in #bitcoin by
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