ElliottWaveStats

BTC-USD has an 83% Bottom Probability at 6,396.34 but…

BITSTAMP:BTCUSD   Bitcoin
…….this already confirmed short bottom seems to be a wave c_ of a contracting triangle which is forming a wave ii of C, It is triggering an up leg (wave d_) which is targeting 6796.11 /6863.00 zone.

The problem with this model is that this Target Shell is outside of the contracting triangle´s resistance line. Therefore these two pieces of the puzzle put them together suggest that there on zone a new High Top Probability will possibly appears.

Feragatname

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