user100000

15m EW count

Long
BITSTAMP:BTCUSD   Bitcoin
I believe (circle) wave d of the triangle is "in." I am able to count five waves up. Wave v was most likely an expanding ending diagonal. The market should have touched 460.23 as an expanding diagonal requires sub wave five to be larger than sub wave three. Note the bearish RSI divergence between waves iii and v. Circle wave e is underway and is likely to retrace 50-61.8% of circle d to ~442-438 completing wave 4 at that point
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.