tupaitrader
Long

BTCUSD finding correction before continue up

BITSTAMP:BTCUSD   Bitcoin / Dollar
my elliot wave analysis shows that the price will make a correction before continue moving up.this is due to the price look to complete the impulsive wave 3.the rsi also showed that the price are in overbought condition.

will look to the area of 240.88 for entry to go long.if there is now sign that the price will going up. the price of bitcoin will move downward.

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