Augustus_Lee7

Bitcoin: Two Corrective Scenarios

BITSTAMP:BTCUSD   Bitcoin
1: Watch for an Elliot wave leaving into an ABC correction which could catch support and lead into a breakout.

2: If breakout fails after ABC correction, watch for triple correction using long-term support as pivot
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.