Updated

Bitcoin (BTC): Wave Pattern & Key Levels

Bitcoin has been trending upwards since April 12. Under my Elliott wave model price is bound to finish wave (5) either in 8600+ area (main scenario) or just above 9000. I will update the chart as soon as there is a reversal signal.

Note

Approaching the target:

snapshot

Note

This may be the last wave to complete the target

snapshot

Note

Tragets hit, bearish divergence pattern is complete.

snapshot

Note

Altcoins are forming continuation patterns across the board. Pay attentionto IOTA, Ripple & ZEC:

snapshot

Note

Looks like a clear "three" to me

snapshot

Note

snapshot

Note

Updated price levels:

Bitcoin (BTC) Eyes $9200 Resistance

Агент-аналитик: t.me/NixAgent
Сервис: NixService.net
Telegram: t.me/NixTrading

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Агент-аналитик: t.me/NixAgent
Сервис: NixService.net
Telegram: t.me/NixTrading

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.