BITCOIN: WAVES. Tracking in progress, as expected, possible drop is possible up to 9.3k USD and 9.15k USD. In the night already touched the 9.28k USD. Check the supports for the trade, the price will turn between this pattern. A nice double maximum was configured, which could invalidate the strategy and push the price lower than 9.2k and around 8.8k ÷ 8.5k USD. Prolonging Wave 2. It would be more logical for a new 10k breakthrough attempt. Let's see how it goes. (10k ÷ 8.8K) is the new price range.
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On wave 2, this is the first check point
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It is difficult to determine the direction of the trend at the moment. In all ways it seems that waves 2 is complete. Let's wait some more checks ..
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At a glance it seems that our bitcoin does not want to know about falling below 9k USD. There is a horizontal movement tending to the upside and according to the sequence of Elliott's waves an upward exit could be probable. However, there is no trade on the weekend and everything is less clear. Anyway there have been no sales grains and the sequence should include a pulse section after the last correction. The question is: - Who has the courage to enter now? Wait for some more signal, maybe it's the best choice ..