Should have 4th wave buying opportunities with tight stop-loss and nice risk/reward targets for $13k confluence target.
Taking a step back from Elliot Waves and exploring a macro channel view BITSTAMP:BTCUSD
BITFINEX:BTCUSD 10k Psychological Buy Price creates fake reversal pump. Price goes sideways during Korea hours before London Open pushes price back to 9222sats. Re-testing as support gives double bottom and a Bull Run to 13.4k and beyond. Or London Open puts correction back on track to 0.618 fib (7513-8400 with many buyers waiting to form new bottom)
@BGarlingHouse -CEO of BINANCE:XRPBTC announced a partnership with MoneyGram to allow their customers to leverage BINANCE:XRPBTC in Payment Flows. Huge pump poking past old 17040-sat resistance level. Currently attempting to hold a new support @ the 14616-sats level. This could mean a new test at 0.786 Fib levels or simply a delay on the Head & Shoulders...