TradewithLu
Short

BTCUSD ending its 5th wave

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoins 3rd wave is coming to an end very soon which means a drop is around the corner of at least 8%. Those long may want to liquidate their profits soon and re-enter at a lower price. There has already been an evening star formation on the 4H BTCUSD chart, that shows a reversal has already occured. My analysis shows that there is still 1 wave missing (the 5th of the 5th wave) before the down trend will commence.
Disclaimer - This is not financial advice, you trade at your own risk and I will not be held accountable for any losses you may incur. This post is for educational and research purposes only.
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