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cryptoinvisible
Sep 29, 2017 1:54 PM

BTC 29 Sept Long

Bitcoin / U.S. dollarBitstamp

Description

The price is moving perfectly in Elliot wave pattern. $4370 would be a crucial resistance level, if breached $4500 is the next destination.

Comment

Going perfectly. The 4370-4400 resistance is crucial.
Comments
fineregex
it just pulled back into the wedge below 4300
cryptoinvisible
@fineregex, Right! it needs to break the resistance level. Once done next tgt 4500+. Some good news coming from China which can drive it upward.
fineregex
@cryptoinvisible, good news from china?!
fineregex
@fineregex, dont be a troll
WorldNumber1
Which timeframe do you use?
fineregex
a symmetrical trend/wedge with 9 touches?
cryptoinvisible
@fineregex, It is the combination of two.
fineregex
@cryptoinvisible, not straight like you drew it, rather a wedge
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