noble1ones

Update : Bitcoin Intra-Day Complex Correction Breakout

Long
BITSTAMP:BTCUSD   Bitcoin
Indeed there was a wave c triangle forming within the larger/higher time frame triangle. A nice thrust occurred on the breakout with a surge in volume. A breakout point retest appears to be in the cards. A strong confirmation out of this sideways range double 3 correction would be surpassing the prior connecting X wave's wave e price peak. In my humble opinion. Alternate count would be a triple 3.
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.