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UnknownUnicorn15998212

Possible Short Term Top for BTC/USD

Singkat
Bitcoin (COINBASE:BTCUSD)  
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COINBASE:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Wave Analysis Bitcoin (Cryptocurrency) Cryptocurrency
5
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trendanalysis indicator waveanalysis bitcoin cryptocurrency
Pretty simple wave pattern here, given the volume and bullishness of Bitcoin I expect a 0.236 or 0.382 retrace. RSI divergence supports the idea.
Komen:
Daily supports are shown in blue, hourly in black. The hourly aligns perfectly with the 0.236. One possible issue is the slight overlap of wave 4 and 1. If this idea is invalidated I will update shortly with an alternate count.
snapshot
Komen:
Invalidated, next resistance is 55850 unless a double top occurs on 5 min (unlikely)

Idea Berkaitan

UnknownUnicorn15998212
Bitcoin Elliott Wave Update
Penafian

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