anilmangal

BTCUSD possible wave count

Long
BITSTAMP:BTCUSD   Bitcoin
78
The correction took longer than i expected, it now looks like an abc with a lower level abc within the b wave.
If the correction is over then this will be an expanding flat.
There is still the possibility for more down side to make a lower low (since the monthly correction may not be over)
wait for the break out to confirm the up move .

I will post possible trade setup on lower time frame
Follow me for more updates. Like and comment .

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.