monetae_anon

LTF Bullish Formations forming. [BIG-Breakout Expected]

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Looks like we may seek to continue the Elliot Wave onto the 5th extensive wave in which we will see a push towards the 10k region as it generally holds similar proportion to the 3rd wave.

As there is a bullish pennant forming within a bull-flag I expect to breakout of the flag and push higher highs.

Both ascending channels are still to provide support as well as the EMA-100. Only direction I see us heading is up.


Interesting times - I will be creating updates accordingly. -monetae_cb is also covering similar topics

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Yours Sincerely,
Anon. Scholar
Jan 14
Comment: Well well there we go guys. I knew this was expected.
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Now we have broken out of the descending channel, what target do you guys expect to see?
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