dave83

Bitcoin Weekly/daily and elliot wave count

Short
BITFINEX:BTCUSD   Bitcoin
Looking @ the weekly chart of bitcoin we can see that we hit the trendline (old support) and just above there is the 50 ma. This would take a lot of power to break.
But looking @ the daily rsi which is on par with dec 2017 and the evening doji star forming on the weekly i dont see how bitcoin will brake this area now
my primairy elliot count:

Better be careull....

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