Bitcoin looks to find more upside action as the Ending Diagonal pattern begins to take form. A completon of this pattern solidifies the anticipated, sharp return towards $18K. 
12K and below have been off the table for weeks now. Support near $18K would confirm this theory.
12K and below have been off the table for weeks now. Support near $18K would confirm this theory.註釋
Instead of the Extending/Ending Diagonal, the Contracting/Ending Diagonal is also looking like a prime option. Obviously a 50/50 chance between the two but the smaller than expected movements in Wave 3 seem to suggest that this diagonal will contract instead of expand. We'll see, will update.註釋
Contracting Diagonal appears much more likely than an Extending one.註釋
BTC has dropped deeper than expected however, this should not change the outcome of the current fratacl.註釋
$18K is coming sooner than expected...註釋
Could be due for a move to 
23K before smashing down towards $21K.
Decode the wave, anticipate the move. elliottwavescience.com
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Decode the wave, anticipate the move. elliottwavescience.com
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。