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AndresThomasShirakawa

BTC continues to consolidate, on the way to a perfect call!!!

Long
Bitcoin (BITFINEX:BTCUSD)  
AndresThomasShirakawa Updated   
BITFINEX:BTCUSD   Bitcoin
BTCUSD BTC Cup And Handle handle abcpattern 123pattern
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btcusd btc cupandhandle handle abcpattern 123pattern

Nothing is more difficult than to make a good count inside a handle and try to identify the waves correctly (especially with a BTC like the one we have lately), so I went to my old Elliot teacher. The B wave was formed a few days ago and now we are on our way to C.
All within the consolidation phase. The BTC is on its way to retesting the 780/700 range (-25%) ideal for getting long or how other traders wait for it to break the neckline of the cup.
I apologize for the comings and goings of the charts, but welcome to Bitcoin.
The only thing certain is that the whole life of the BTC formed a perfect cup and handle pattern, a perfect retracement, an increase in volume in the perfect handle and now what would be missing is most important to identify C to get LONG.
100% TA
0% FA on this chart

Good trading, good profit for all!
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AndresThomasShirakawa
BTC & CONSOLIDATION PHASE
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