cryptcowboy

#Bitcoin 4h chart update ! 08/08/19 7:00 am EST

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Bitcoin is developing a triangle here over the past 48h visible on smaller time frames which is usually indicative of another terminal push higher , before a correction begins. The idea remains that a deeper correction can still take place thru another leg lower in y or z . If the market decides to keep on going with bull trend a break above 13,200 would be the one to watch for deeper conviction. Being so close to this top channel trendline my caution sensors are elevated and can't wait to see what the resolution is. Until then i sit on my hands and watch.

NEW VIDEO in telegram chat room was posted yesterday. Please also check out you tube "cryptocowboy" account !
My telegram channel "COWBOY CRYPTO MARKETS" and our crypto room "COWBOY CRYPTO ROOM" discusses more detailed updates and lower time frame charts. If you want to learn more about Elliot wave , it's a good place to get live market info and familiarize yourself with the wave counting process. Just go telegram and search in the search-bar the mentioned names. The traders there have been learning the ropes of this methodology very quickly by being exposed to regular updates and explanations of different wave counts !
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