Yuriy_Kuznetsov

BTC/USD overview

Long
BITSTAMP:BTCUSD   Bitcoin
Hi everyone! In my previous idea I did a razvolnovka according to Elliott, I adhere to it also now. As important resistance at about 29820 was overcome, the price began to conquer new peaks according to Fibonacci. And, as it is possible to see on the chart, the following purpose is about 45750. In this time the price was modified to the level of earlier punched important level of resistance. Now he acts as support. Until this support is broken, the trend can be considered ascending. Thanks for attention!

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