cryptcowboy

#Bitcoin daily chart update ! 05/15/19 10:55 pm EST

Long
BITFINEX:BTCUSD   Bitcoin
Another day another high . Typical for 3rd wave price action the moves are strong and steady and the retracements shallow. Until we have evidence that wave 3 is complete we continue to look higher. We should be in the final stages of this extended wave but pinpointing a top is foolish , so we need to let the market tell us where that is. 7816 is the previous day low and below that market might have other ideas. Next is 7440 . Asian sessions have been buying for days and along with the rest of the space, the excitement is growing. Is typical for 3rd waves, but dont be fooled, markets retrace but its not our job to tell the market when. Trail if you are fortunate to be long .
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