TradingView
TheEWGuy
Aug 24, 2019 7:56 PM

BTC correction path(what to expect) Short

Bitcoin / U.S. dollarBitstamp

Description

BTC undergoing complex combination correction of WXY where
W(flat)-X(zig-zag)-Y(zig-zag).
The price mentioned here is not absolute but i have given more of direction in coming weeks for BTC.
Expect it to be choppy and stay safe :).
If you want to know any specifics of the correction then dm me.

Trade closed: target reached

Comments
AlekseyWave
The same idea, but other count
TheEWGuy
@rubus, thats nice..thanks for sharing.
CryptoPaily
The prices are still above the lower weekly moving averages (50,100,200). Using that in conjunction with your analysis, the final move to Y breaking the trend line at 9380 and atleast the 50 EMA or 100EMA would confirm the direction.
More