Bitcoin Has Found Market Bottom. Bullish Wolfe Wave
Updated
Bitcoin has started a bullish wolfe wave on 2/6/18 with the first point hitting the lower trend line at price 7050. It moves up to point 2 at price 11700 making the upper trend line on 3/5/18.
Point 3 is achieved at a retracement to price 6580 on the lower trend line on 4/7/18. Point 4 is achieved at a move up to price 9800 on 5/4/18. The last point, point 5, which is the confirmation, hits the lower trend line at price 6000 on 6/28/18. The target time and price for this pattern is 1400 on 9/15/18 acheiecedhttp://www.wolfewave.com/an_illustration_along_with_the_rules.htm
http://thepatternsite.com/WolfeWaveBull.html
Point 3 is achieved at a retracement to price 6580 on the lower trend line on 4/7/18. Point 4 is achieved at a move up to price 9800 on 5/4/18. The last point, point 5, which is the confirmation, hits the lower trend line at price 6000 on 6/28/18. The target time and price for this pattern is 1400 on 9/15/18 acheiecedhttp://www.wolfewave.com/an_illustration_along_with_the_rules.htm
http://thepatternsite.com/WolfeWaveBull.html
Note
Please disregard the pink numbers at the top of the chart. It inst related to pattern
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