Earlier in the day I noted that the BTCUSD may be entering into phase I of an Elliot Wave. Assuming that was correct then we should now be nearing the completion of phase II. If this is the case then I really don't feel that phase II will break 680. Phase I was around 700, so if we break that then I'm totally off. I expect prices to linger between 665-675 for...
Interpretation of the current 1h chart using Elliot waves. The StochRSI and MACD both look to be reversing at the moment possibly indicating the start of another I - V wave.
