UnknownUnicorn728136

BTCUSD Upcoming MOMO? *Bring Your Charts*

BITSTAMP:BTCUSD   Bitcoin
I think the Corrective phase on BTCUSD is over, and we are currently in M-wave 3. (Long-Term View)
I think BTCUSD might continue & bottom out creating an Irregular Flat Corrective pattern near $4000 - then continue. (Short-Term View)

If you guys have charts you would like to provide for an alternate view on things I would appreciate it!
Comment:
The C leg could bottom now and that would still verify the pattern as an Irregular.
Comment:
C leg put in now, so we should be starting that 3rd of a 3rd of a 3rd wave. Look:
Comment:
Looking @ the previous picture there are also some Fibonacci Clusters at the $5500-$5600 area. So if this if a good 3rd wave we should be seeing there (Not saying it WILL happen).
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.