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RE: Bitcoin TA - summary of analysts - 21. Mar 18

in #bitcoin7 years ago

Perhaps if your (4) was over the to next wave to the right, it would look more symmetrical and waves 5 & 3 would line up in parallel, which helps in validating patterns. At this stage your Bearish scenario seems possible​ but it would imply breaking the long term support line which it already bounced off a few days back. My pref view is this is beg of Wave 3 up after a .76 retracement to Wave 1, but admittedly it is beginning to look weaker every day that passes...