SUMMARY
This morning I had posted the below chart stating that likely Bitcoin (BTC) is in process of putting in a minor, corrective abc waves and that wave C would probably sit on the former resistance of the top line of the wedge.
Price action to current shows that after touching the now support line, Bitcoin has bounced and is now rising and likely to put in higher highs. I believe hitting the $9,451 level would be most ideal!
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
