rubenthin

Retrace with ending diagonal

BITFINEX:BTCUSD   Bitcoin / Dollar
94 2 3
I've been trying to decipher what's been going and nothing's been fitting.
I just realised this potential answer.
This explains the protracted retrace and heavy support coming from $367 or 71%
Shorting into high 240s then long on this basis.
Any thoughts?
Thanks a lot.
rubenthin PRO
2 years ago
*high 230s
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rubenthin PRO
2 years ago
**long to low 250s then short to 239 then long on break upwards out of this pattern into a greater wave 3
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