BTC/USD Still In Triangle

in #bitcoin • 8 years ago

Yesterday it looked like Bitcoin broke out of a triangle to the downside.

TradingView
That move down to $6227.71 (Coinbase) may have been the final leg of the C wave of an ABCDE.

TradingView
If that's the case, then price is still in a triangle and the current move upward may be the D wave taking price to $6560.00.

I’m no expert and this isn’t financial advice

#btc #cryptocurrency #technicalanalysis #elliottwave
8 years ago in #bitcoin by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.04
    TRX 0.32
    JST 0.077
    BTC 65451.14
    ETH 1716.20
    USDT 1.00
    SBD 0.41