zippy1day

BTC WXY Combo Wave

BITSTAMP:BTCUSD   Bitcoin
It is clear to see we have met the 1:1 target from this WXY wave but does not mean it is necessarily finished!
Also we have broken the much talked about 21 EMA (Top grey line) although the week has far from closed so this could easily be a wick down.
However, also much talked about are the descending triangle and symmetrical triangle which I have put targets for using Bulkowski formula. I missed this fall overnight so looking now for bullish strength to buy into!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.