Bitcoin looks to find more upside action as the Ending Diagonal pattern begins to take form. A completon of this pattern solidifies the anticipated, sharp return towards $18K. 
12K and below have been off the table for weeks now. Support near $18K would confirm this theory.
12K and below have been off the table for weeks now. Support near $18K would confirm this theory.Note
Instead of the Extending/Ending Diagonal, the Contracting/Ending Diagonal is also looking like a prime option. Obviously a 50/50 chance between the two but the smaller than expected movements in Wave 3 seem to suggest that this diagonal will contract instead of expand. We'll see, will update.Note
Contracting Diagonal appears much more likely than an Extending one.Note
BTC has dropped deeper than expected however, this should not change the outcome of the current fratacl.Note
$18K is coming sooner than expected...Note
Could be due for a move to 
23K before smashing down towards $21K.
Decode the wave, anticipate the move. elliottwavescience.com
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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.
Decode the wave, anticipate the move. elliottwavescience.com
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.