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brettfb

BTC USD Double combo correction with ending diagonal?

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
brettfb Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Support and Resistance Trend Lines Elliott Wave Descending Broadening Wedge doublecombination Ending Diagonal
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supportandresistance trendline elliottwaves descendingbroadeningwedge doublecombination endingdiagonal
Maybe this correction is almost over and BTC 0.21% is printing a double combo ending in a diagonal. If so I'd expect one more run down here to stop at the lower trendline and then probably flat for a while before starting the next bull market.

I'm waiting to see if we break out here and complete what could be a bull flag . If so I might buy the breakout. If we don't break out, I'll wait to buy at slightly above the lower trendline of the descending wedge .
Comment:
snapshot

Waiting to see what happens if/when we test trendline of this expanding triangle.
Comment:
Maybe the log trendline is in play and we'll see a final run up to 7.9-8 before a reversal:

snapshot
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