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MaximilianoBattafarano
Feb 4, 2018 5:20 PM

BTCUSD correction phase Long

Bitcoin / DollarBitfinex

Description

Hi traders,

BTCUSD is in its correction stage after the big rise to 20K. As it can be appreciated in the analysis, it seems that it is in a correction of a contractile triangle style (ABCDE) in which it would be necessary to make a "lowerhight" more (point D) before finishing the pattern. Keep in mind that there is a shoulder-head-shoulder that gives great strength to the fact that the BTCUSD is going to make another minimum in the next months.
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