From the charts you can see we have an inverted head and shoulders with the right shoulder completing. This will be confirmed once the neck-line is breached.
Moreover, the inverted head and shoulders have formed a triangle and is moving within the boundaries of it. Elliotwaves show that wave-D is in progress followed by the last wave.
So those are 2 very bullish signs in our favour. Lets see how things unfold.
Moreover, the inverted head and shoulders have formed a triangle and is moving within the boundaries of it. Elliotwaves show that wave-D is in progress followed by the last wave.
So those are 2 very bullish signs in our favour. Lets see how things unfold.
Comment:
So far price movement is what I had indicated. All part of a healthy bullish movement.
Comment:
Hey guys. So BTC price has moved so far according to the triangular elliot wave pattern I had indicated. We are supposed to have a breakout coming soon. Lets see what happens.