Raystonn
Long

EW Analysis for BTCUSD - Bottom Is In

BITSTAMP:BTCUSD   Bitcoin / Dollar
The recent low of 152             .40 was the end of our major retracement "C" wave from the ATH             . We may stagnate for a while, but we shouldn't see lows below this. If we do, then this changes the major trend for Bitcoin , turning A-B-C into I-II-III of a 5-wave             sequence down.
We're at 214 USD on Superbowl Sunday. Is this wave count invalidated?
Reply
Raystonn rivet.popper
No. As you can see in the chart, we are tracing out wave "b". As long as we don't go below 152.40, this count is still valid.
Reply
Thanks for your reply. So as long as we don't drop below 152 (scary), we are still going to a new ATH in Wave 5?
Reply
Nice job.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out