TradingView
TranscendentTrades
Aug 3, 2019 7:41 AM

BTCUSD Possible Wave Count since ~3k 

Bitcoin / TetherUSBinance

Description

We could look forward for one more bullish Wave 5.

Local support: $9300 - $9400
Invalidation level: $8950

Current sentiment: Wave 4 done (A-B-C) or still in progress (A-B-C-D-E)

Comment

We could be in Wave 3 of the last (Primary) Wave 5 structure. Invalidation of this particular count would be the $10900 - $10950 ranges, where we have a strong local support as well.
More