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Freedonia
Apr 8, 2019 8:24 AM

Bitcoin, an idea Long

Bitcoin / U.S. DollarGemini

Description

Elliot impulse wave on Bitcoin price action. Could lead into June with a pirce end of $6300.

Comment

Remember: a major resistance trendline will always be retested, as shown in the first graph. But, on a broader scale, #Bitcoin BTC is in the middle of an Elliot impulse wave pattern that could potentially take its price action to retest $6300 in the month of June.

Comment

Trade closed: target reached

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