Roly_uk

Last leg of this impulse wave

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
272 views
8
wave 4 complete.
Wave 5 target $8150 to $8350 possibly higher with volume
MAJOR CONFLUENCE
1 day EMA
strong resist/ support trend line
wave 3 & 4 fib extension
ascending trend line from AUGUST 2015

Then back down to $5500


Comments

Bitcoin will likely head back toward 5k after the recent rejection at 7k. If we close on the weekly below 5300 chances are BTC will fall below 4k and hit the previous lows around 3500.
+1 Reply
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