Theofylrx

BTCUSD : Accumulation Structure to Complete & bulls resume

Long
Theofylrx Updated   
BITSTAMP:BTCUSD   Bitcoin
UPDATE:

So yesterday all that was projected is still going well, then todays Update on BTC goes like....

for the Continuation to the Upside:

Wait for Break and Candle closing above the resistance levels as labelled on the chart.

then wait for a re-test then the Market structure will create an SOS level according to Wyckoff Accumulation Structure, then after the re-test finishes you can add more Bitcoins on your portfolio, as also this will be completing the Accumulation structure with that as a confirmation that Bitcoin bulls are still in control.

Check out the previous BTC idea published by me read there and you will get it.

PLEASE NOTE:

according to Elliot wave , we have already created out Wave 1 & 2 then now we are on our creation of Wave 3 we'll also need to have wave 4 and 5, so this also indicates that we are still to continue to the upside Technically.
All this Will be valid after the structure breaks the resistance levels.

Best of Luck, Trade Responsibly.
Comment:
BREAK, now waiting fir a closer above then buy more.

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