empathicLeader13655

Possible breakout Elliot Impulse Wave

Long
BITSTAMP:BTCUSD   Bitcoin
We might see a move north as a breakout from this steady channel would be indictive of a 5 leg up on an Elliot impulse wave. The time stamps I determined from Zero Lag MACD high/low crossing line up with a slow growth pattern. The amount of bitcoin out flow from exchanges is increasing while the on exchange volume is ridiculously low and the fear/greed index is really low. All you need is a macro move to spark this baby up. But also a capitulation could be in order. Ill go long on this one.
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