bitcoin
btcusd
elliottwaves
indicator
pricepredication
trendanalysis
trendline
triangle
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FCTBTC
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I see the elliott wave WXY or Combination pattern. First it made a zig zag with an ABC pattern, this will make the W. After the ABC we see a flat pattern with an ABC pattern, the C will be the X of the WXY. As last we see a triangle forming. All types of corrective patterns can combine to form a bigger corrective pattern. A triangle in a Combination should...
3
Break of the falling wedge around $11600 will form the fourth leg. Possible short term uptrend till 14K. Then another leg down to $8300 - $7500. This could be the bottom as it hits the long term trendline.
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