Bitcoin (BTC) made moderate gains today. Based on how the micro subwaves look, I've updated the Elliott Waves so that wave 3 is lowered slightly to $8,483 and if overnight price takes that out...great!
The below is Bitcoin Cash (BCH) and I've laid out a much larger Head & Shoulders pattern with a target of $2,007. Also, price did breach the upper line of the ascending right triangle today and is now consolidating. The target for this pattern of $1,387 is still valid. The video has more details!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**