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An interesting re-entrance into the parallel channel
Bitcoin
Long
An interesting re-entrance into the parallel channel
By Wojtek440
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Mar 5, 2019
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Mar 5, 2019
The price has re-entered the parallel channel on the 1h.
We could see a push up to the .236 in a 5 wave impulse.
Because there was a reaction between the .50 and the golden zone, this could be the begging of an impulse wave upward
RSI is overbought, which could indicate the beginning of the 2 wave.
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Elliott Wave
Technical Indicators
Wave Analysis
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