rubenthin
Short

Double top and rising wedge

BITFINEX:BTCUSD   Bitcoin / Dollar
87 0 2
A few more days of data from my previous post and I see an upward wedge , potentially a leading diagonal forming the illusive wave 4 of the larger downward impulse.

Serious double top at 4 perhaps confirming this.

I'm looking for a break down through the lower red line to confirm this...depending on which fib I choose, this targets low 200s or if you use wave 3 for instance, 1.618 from there points at 172 :-/

Otherwise we bounce off of 233/235 which is roughly 71% retrace of the rally up.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out