BTC Flat ABC Correction Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jul 19, 2019 4:42 AM

I am not an expert on Elliott Wave but this exhibits all the hallmarks of an Elliott Wave Flat ABC correction!
thepatternsite.com/EWFlat.html

Elliott Wave

Comments

jamessto

⋅ Jul 19, 2019 4:08 PM

I had originally thought it was an ABC corrective wave as well but we still haven't gotten back over the 200 day EMA line and so I think it is possible this is the start now of an actual Bearish impulse wave? Perhaps.