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BTC Wave 3 - EWT
Following on:
BTC appears to be playing into the theory nicely, slightly more aggressive bull signs than anticipated, however this is always welcome on such a trade.
Yesterday saw BTC strangled with resistance as the value fell right between the 100MA and 200MA which fell almost perfectly inline with the 50MA at at the same time, causing some strong resistance through the day.
Keep focused when we enter the 11.2-11.8 range, this is next upper and lower resistance range, once broken we can expect some v strong buying pressure.
BTC appears to be playing into the theory nicely, slightly more aggressive bull signs than anticipated, however this is always welcome on such a trade.
Yesterday saw BTC strangled with resistance as the value fell right between the 100MA and 200MA which fell almost perfectly inline with the 50MA at at the same time, causing some strong resistance through the day.
Keep focused when we enter the 11.2-11.8 range, this is next upper and lower resistance range, once broken we can expect some v strong buying pressure.
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