TradingView
derronpocci
Jan 29, 2018 4:21 PM

Btc to drop once more before correction finishes Short

Bitcoin / United States DollarCoinbase

Description

Looks like a bearish pennant is forming at the end of the third Elliot wave correction. I think that BTC will fall once more to test the .618 level before we see the market shift back to the bulls.

Trade active

Bearish Pennant confirmed. I think the price will now bounce around the .618 level and then we will test to see when the bulls feel like coming back

Comment

More