keifer

BTC double top or 4th wave correction?

keifer Mis à jour   
COINBASE:BTCUSD   Bitcoin
Hello friends,

Not much has changed in the last few days with the exception of noticing a failure to retest the top. That is a good sign for an (ABC) correction for wave 4. Then we should see a move up towards wave 5. If that fails and we go lower as indicated on the chart, then we most likely have a double top pattern and we will be seeing BTC going much lower.

I like to add that BTC and Gold, oddly enough have the same pattern.

My advice is to set an alarm for key levels regarding the breakout or break down.

Trade Safe
Cheers
Commentaire:
As mentioned about Gold. Do you see the similarity? www.tradingview.com/chart/rvpuvy89/
Commentaire:
3rd times a charm.

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