sebastian.seliga.7
Long

Bitcoin #BTCUSD - in correction now, rally ahead anyway!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello guys!
This is my latest update on BTCUSD .

The first five waves up are now completed and the market has entered a corrective cycle in wave 2/a. It is hard to tell now whether the wave 2 has been completed now, but so far the move down is very shallow. My guess is the wave 2 will deteriorate towards the level of $7,500 before the uptrend will resume.
The target for wave 3/c is seen at the level of $9,222.
Apr 19
Comment: This is developing by the book: one more small sub-wave to the downside needed.
👨‍💼Sebastian Seliga - elliottFXtrader.com
👥Head of Analysis & Trading at BitBay
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Hello Sebastian I think its good one here:

Whats your opinion?
Reply
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