imkeshav

BTC - Nine wave triangle from Elliott Wave text book ending Bear

Long
BITFINEX:BTCUSD   Bitcoin
The "Elliott Wave Principle: Key to Market Behavior" has a chart showing a nine wave EW correction/consolidation and if our prior chart is correct and this is a 4th wave, this makes sense because 4th waves are usually triangles

Reference:- oceanicfxsite.f...11-09-59-am.png?w=863

I'm also impressed that the support has held so well. This pattern gets confirmed after a proper break-out at $7100+

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