Bitcoin: The smaller picture

19 нояб. 2018 г.

BTCUSD has had one hell of a ride the past few days, the chart I had posted in October has come true, Bitcoin fell below its ascending channel and is no in no-mans land, no one can expect to know the bottom because there are so many technical levels that suggest support. One level I have found much confluence for is 4400, there is a lot of support leaning towards this level and I am confident that this will be the low for 2018, or for now. There is also Bullish Divergence on the 30m indicating a reversal that is soon to come. I have listed off potential Elliot Waves down to 4400 as well. I wish you good luck trading

-Trader A