Bitcoin

BTCUSD - TL-4C Completed

135
Morning Traders,
It is snowing in Toronto and is cold. Then lets take a look what is going on with Bitcoin.
Look like we have complete TL-4C formation, and now we wait for fifth swing and then we will perhaps see price drop bellow 4 point.
At this time price stop on 50% of the last swing which is god sign for the fifth swing. Also Momentum stop where should be.
We have Resistance on the level of 8955.0, of course support on 50% of the last swing and one more support is 7974.0.
Did you know that TL-4C is working With Elliot Waves?

Ok let see what will happen.
Cheers.
Jim

Penafian

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