haili
Long

BTC Elliott Wave Reversal Confirmed

BITMEX:XBT   Bitcoin / US Dollar Index
The back of the bear has broken. We pierced through the magical 7500 mark, which invalidates my bearish elliott wave scenario. We are officially bullish now. Since the last micro wave 2 was a zigzag we can expect wave 4 to be a flat or triangle according to the guideline of alteration. This wave 4 sideways correction is likely to last longer than wave 2 correction and be more complex. It is safest to stay long and hold.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out