MaksPorfirev

Bitcoin Technical Analysis (16.10.2018)

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Good day, dear friends!

Bitcoin broke, but failed to consolidate above the global diagonal line of resistance (1D). At the moment, the coin is in the zone of accumulation.

Using the Elliot wave theory, we are in a wave of 4 subvolny. I suppose that the correction will end at ma20 or ma50. In any case, the wait is not so long, and, at the moment, I am in a bullish scenario.

If you liked the post, click on the thumb. It motivates me to do TA more often, xD
All successful deals!

P.S. Subscribe to my telegram channel. Link in status

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.