imkeshav
Long

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

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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:- https://oceanicfxsite.files.wordpress.co...

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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