Nickonomics

BTCUSD Short-Term Update: One More Wave Up

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The "Alternative wave count" from my previous update has become viable. The A-B-C structure of the last swing down suggests the price should make another high before attempting a deeper correction. At the same time, currect pullback may be more complex with prices moving down to $1640 area. Important price levels and suport/resistance zones are drawn on the chart.
Comment: New high is in place, just as predicted. Watch this pitchfork channel:
Comment: The price has hit the $1792 target. As long as it stays within the pitchfork, we don't have a clear sell signal:
Новое обучение: https://www.nixtrading.ru/10
Ежедневные апдейты в Телеграме: https://t.me/NixTrading
Трансляция живой торговли в закрытом чате.

Comments

Any sell signals ?
Reply
@VBPMR12, the price has left the pitchfork. Weakness below $1746:
Reply
VBPMR12 Nickonomics
@Nickonomics, Major today's support and resistance ?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out