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TranscendentTrades
Nov 29, 2019 4:38 PM

BTC/USD - Retest $6000 soon? Short

Bitcoin / U.S. dollarBitstamp

Description

Breaking down the wave structures of Bitcoin from the perspective of Elliott Wave Theory.

The inverse head & shoulders could have been just a Running Flat retracement for Wave 4 - further confirmed if this Ending Diagonal breaks down.

I suppose $6000 is a massive support that many have been waiting to be retested.

Comment

Wave 4 - Expanded Flat*
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