DreamBlood

Bitcoin - In Depth (Wave theory)

Long
DreamBlood Updated   
BITFINEX:BTCUSD   Bitcoin
At the moment bitcoin looks like it is going by the Elliot wave theory. We had exactly 5 waves up and now it looks like we ended the (ABC) correction. Fibonacci spiral was broken (Bullish move), MA50 and fibonacci provided support(Bullish move), price is still above MA50 (Bullish move). So, will we go up? - I think yes.

Of course even though it looks like bitcoin will go up, don't be naive, this is crypto and anything can happen, always have a stop-loss ready if the unexpected happens.

If you want to get buy/sell signals ahead of time before I am able to release a chart, just message me in tradingview and we will make money together (No fees or subscription required)!

Good luck trading!
Order cancelled:
Will be releasing a new chart on btc shortly.
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