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r_rudnitsky
May 25, 2018 6:54 PM

Bitcoin may test $7k and resume the uptrend Long

Bitcoin / TetherUSBinance

Description

One of potential scenarios for the Bitcoin - assumes the reversal at approx. current levels.
My wave markings provide for the completion of the double zigzag as shown on the chart, where the 100% projection for the wave Z hits exactly 7K

Will watch for a reversal pattern at nearby area and will enter with a reasonable SL

Good luck and have a nice week-end!
Comments
sgalagan
any updates?
r_rudnitsky
Nice rebound. So far exactly as assumed
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