ItisCalvin

The End Is In Sight

Long
BITSTAMP:BTCUSD   Bitcoin
2
Just about to see the end of wave 4. Wave 4 should never cross below 601.85, but it is possible to go below that. It is hard to see exactly where this wave will end, but by tomorrow it may end or else there will be more days ahead of comparatively flat price ranges.

Wave 5 ending should be easy to spot as volume should be increased greatly versus the whole entire rest of the wave. MACD and other momentum indicators will confirm the start of this wave. It will be greater than 3 high by at least 100 points.

A little readjustment on Fibonacci was made as wave 3 should have been at least 1.618% higher than wave 1.

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