The_202_Quants

$BTCUSD 1H EUROPE UPDATE - 07/05/2018 clients

Long
BITSTAMP:BTCUSD   Bitcoin
No change in view. From current level, while a marginal new low cannot be ruled out, we should see a 3 waves bounce that will fail below 9,948.98 for another leg lower. Alternate view is FLAT from 04/05/2018 high and from current low at 9,207.00 correction is completed and uptrend resumed.

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.