quantguy

Best Bitcoin Trading Ideas

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is caught between the low of that big dip and highs. It looks like it is in the fourth and final phase of the dragon head pattern (Ghostsquawk exclusive!). This is characterized by ranging after the volatility incurred with the correction. We are likely to see continued ranging until another burst of momentum which will constitute the first impulse in the next 5-3 Elliott Wave. The next targets are $41.9K then $44.9K.

Join my discord at discord.io/quantguy
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.