Grimland

BTC Elliot waves

Long
Grimland Updated   
BITFINEX:BTCUSD   Bitcoin
After having an ABC correction we broke the resistance trend, retested with a steep wave 2 and followed by a wave 3
Currently we are in wave 4 where volume usually dries up and price goes sideways/a more shallow corrective state and retraces usually 38.2%-50% of wave 3

Once we break All time high, we have a buy opportunity and profit should be taken arround $19.5k

Good luck :)
Trade active
Trade closed: target reached:
a long consolidation but we eventually hit target

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