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Bitcoin downward till apx 9100
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Bitcoin downward till apx 9100
By josque
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Updated
Sep 1, 2019
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Sep 1, 2019
We are at impulse wave 12345, right now at 4th leg, heading to the 5th wave to complete wave down, ABCDE triangle is visible very good!
Sep 1, 2019
Note
Overshooting to 9700ish is expected, but still it looks like we heading down
Sep 2, 2019
Note
By pulling fib ret from wave 1 to wave 4, we can see we stopped at fib 0.382.
A classic move of wave 4.
Another thing we can see is the candles shape at 4h chart, signal is the weakness of trading around 9600-9800 prices.
Bitcoin (Cryptocurrency)
bitcoinforecast
Cryptocurrency
elliottwaveprojection
Technical Analysis
Trend Analysis
Wave Analysis
josque
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