Simple Logic + Elliott Wave Basic + Harmonic on Bitcoin...

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Wave 1:
It's formed Leading Diagonal which is labialized by A, B, C, D, and E.

Wave 3:

It's not an impulsive move therefore we looking "Throw-Over" of the Parallel Channel for 5th Wave.

Wave 4:
The Contracting Triangle has been possessed in it.

Wave 5:
To determine 5-Wave , I have utilized the following:
  • 1) Parallel Channel
  • 2) Spike Box (i), (ii), (ii) which indicated that end of the triangle we're getting a spike on BTC .
  • 3) Harmonic pattern can give us the exact level to decide the next move and pattern name.

I will work on the Harmonic Pattern if I got enough LIKES and Respect from TradingView.

Thank you.

My past research of Bitcoin