Bitcoin continues its advance in what seems to be for now the D wave of the larger triangle. The advance seems complex in a way, but could also be viewed as a series of 1's and 2's which can lead to an explosion higher in price . Will stick with the D version for now and adapt the other if 8800 gets taken out. This could also be the X leg of larger wxy coming down yet again to complete a C wave. So be on the lookout for these possibilities but as long as you get higher highs and higher lows you have a trend in place that can surely extend . So from a trading perspective keeping those stops below key low levels can help you advance together with price as long as it keeps rising.
New BITCOIN VIDEO yesterday on my you tube channel under cryptocowboy account, where i run thru the internals of the wave counts.
I have opened 3 telegram channels focused on crypto, forex and commodities , where I will be updating more charts and more frequent analysis along with market commentary. Since i cannot post links here , if you want to join you can go to telegram and search for "cowboy forex markets" , "cowboy crypto markets" and "cowboy commodities markets" . They are free and we will focus only on elliot wave learning and discussions.
New BITCOIN VIDEO yesterday on my you tube channel under cryptocowboy account, where i run thru the internals of the wave counts.
I have opened 3 telegram channels focused on crypto, forex and commodities , where I will be updating more charts and more frequent analysis along with market commentary. Since i cannot post links here , if you want to join you can go to telegram and search for "cowboy forex markets" , "cowboy crypto markets" and "cowboy commodities markets" . They are free and we will focus only on elliot wave learning and discussions.