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EuroMotif
Jun 28, 2019 8:01 PM

BTCUSD headed back to 14k? Bitcoin possible Impulse Pathway 

Bitcoin / United States DollarCoinbase

Description

The bounce so far has shown Impulsive behavior and waves.
Thus it is more likely uptrend continuation, than a correction.
Plotted are two possible wave structures that could unfold soon.

12.4k - 12.5k is immediate resistance.
12.0k - 12.1k is critical support, must hold.
13.4k - 13.4k will be a strong resistance.

12.4k may take a couple of attacks to break.
13,3k may turn out to be lower high of trend.
14.0k was original target that was cut short.

Part of my ongoing analysis of Bitcoin moves:

<=Perfect
<=6 wks ago


<=Perfect



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Comment

I has original posted this plot in Live Chat on TV per this link: tradingview.com/chat/m/5d04d9d0-c537-4e7e-a6e4-7b8c307d3be2/

and this snap
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