diego.sfreitas2014

Elliott waves on BTC/USD

BITFINEX:BTCUSD   Bitcoin
Possibility 1: At 1 day time interval I applied a fibonacci retracement and got the target 10900usd that reached today, this should means the beginning of third wave.

Possibility 2: On the oder hand we have to wait some hours to see if the price cross this important support on 10900usd to confirme the possibility 2.
Trade active:
Double Bottom
Trade closed: target reached:
Got many short position trades.
Nice!! Lets look for enxt trades.
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