__________     __ __     __  _______    ________
  / ____/ __ \   / // /    / / / /  _/ |  / / ____/
 / / __/ / / /  / // /_   / /_/ // / | | / / __/
/ /_/ / /_/ /  /__  __/  / __  // /  | |/ / /___
\____/\____/     /_/    /_/ /_/___/  |___/_____/

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

BTC: update elliot wave counts

BY: @technicalanthony | CREATED: June 5, 2018, 5:48 a.m. | VOTES: 3 | PAYOUT: $0.00 | [ VOTE ]

Bullish count 1:

This count is bullish within the next few weeks and suggests that this current down trend is only a correction period. Here is the supporting chart which indicates that we have completed wave A and will soon be entering wave B to likely retest the the belly (bottom) of the channel. From there we will likely retest the LONG TERM trend line from January and April
BULLISH: -8K
[IMAGE: https://cdn.steemitimages.com/DQmZX3Q6kBu9CijnT4bg4JhfacsXx3Wo27RzHziozPtHKcG/www.tradingview.png].

This count is validated with a break below the trend line and 7K, in which supports will be found at 6.5 and 6K roughly
BEARISH:

[IMAGE: https://cdn.steemitimages.com/DQmYGFCzavosNBM3eg417C5b75GeE3z2KcUeoWYK63EtY89/www.tradingview.png]

TAGS: [ #bitcoin ] [ #cryptocurrency ] [ #trading ] [ #crypto ] [ #btc ]

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