My bitcoin analysis, based on Elliot wave theory, in combination with trendlines and resistance/support zones.
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Comment
analysis still holds!Comment
Will the intermediate uptrend hold? Will the resistance lose to the bulls? Soon we should know..Comment
9 months later it seems the chart still holds, both major uptrend lines seem to have been crossed, and the price now tests the long term resistance turned support (Turquoise line) from the impulse wave.Will this support hold and cause a bounce? only time will tell.
also, would anyone like me to update this chart?
please let me know below.
Thanks in advance and Happy Trading!
*DYOR!!
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