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EuroMotif
Jul 2, 2019 5:18 AM

BTCUSD headed to 9400 or 9k even? Bitcoin in Trouble 

Bitcoin / United States DollarCoinbase

Description

Quick plot to see behavior around expected wave end points.
Loosing 10k (or more like 9928) exposed an open space below.
The velocity of the drop indicates another leg down is likely.

9690-9700 could be early end of wave but unlikely.
9329-9408 would be normal end of wave at 4.236
8980-9052 with several fibs will be strong support.

Part of my ongoing analysis of Bitcoin moves:
<=Perfect
<=6 wks ago


<=Perfect



Comments
kdenery
Check out where we're at rn on this one
EuroMotif
@kdenery, Indeed!
Exactly where we "should" have gone in the first place, before the bull trap.
FT_Lexicon
Your concern of bitcoin always helpful for me. Thank you.
Taiwan_Bear
Thanks for the idea. I was looking for the range 9400 - 9750 for a bounce.
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