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Bitcoin price overview (waves) 31.10.2019

BITFINEX:BTCUSD   Bitcoin
The correction model has been refined.
In the past, we recommended looking for a triangle to continue rising prices. The graphic figure has not been confirmed.
At the moment, we are considering the end of the zigzag in the 4th wave (minuet) in the form of a wedge , which we also recommend considering as a model of the beginning of the decline.

It is worth paying attention to the levels of 9400-9500 (the main resistance for growth), as well as 8900-9000 (the main support level ).
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.