Samriddhee_Techlabs

BTCUSD-Elliot Wave Scenario

BITSTAMP:BTCUSD   Bitcoin
BTCUSD is in last wave(C) correction zone.
It can correct till 7000-present value(7300) yellow zone, before next wave impulse in either direction.
If Trend-line holds then bullish scenario will be in play if 76-7700 zone is broken
If Trend-line is broken then we go to the green zone and invalidates the bullish scenario.
Comment:
If Trendline breaks then 66-6700 usd is the probably the support/bounce area

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