user100000

Elliott Wave Analysis of BTCUSD (BITSTAMP); 4H

Long
BITSTAMP:BTCUSD   Bitcoin
I believe the red b wave zigzag is done. Using the parallel channel tool it's possible to project the end of wave c by connecting the origin of wave a with the end of wave b and place the parallel line though the end of wave a. The timing of this low is in line with the 12 week +-2 cycle window
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