Bullish indicator facts, why we should be bullish! untuk BITFINEX:BTCUSD oleh NGenetics

trendanalysis chartpattern waveanalysis bitcoin bullish up crash parabolic

don't be shy to put your opinion to it ;)

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Downtrend line (red line) broken like it was nothing, next resistance zone 9,4k we may see a small pullback there to 9.1k followed by a move up to the 10k zone.

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target on wave 3 basicly perfecly reached, we may make a second peak near the 9.4/9.5k zone followed by a move down to the 9.1k area.

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target of 9.1k reached, this however by a dump, if the dump continues we may not enter the 5th wave, keep that in your mind ;)

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Here is a update again, i forget to mention that there is still some resistance in the 9.4k zone, this resistace downward trend line is from the 20 and 17k tops and sits now on 9421, when broken expect a spike up ;)

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appearently the elliot wave is placed timewise wrong so figure from wave 3 to 4 that the green support will be touched around the 9.1k/9.15k zone, see image

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