BTC correction either stops here at 7500 or goes to 6500-6600

29 Mar 2018

Counting Elliott waves. What I don't know is whether that ABCDE formation is wave 4 of the larger scale EW (main count, and we it goes up from here), or just the wave 4 of wave 3 inside that "main" EW.

I'll update the idea with the second scenario in a moment!

29 Mar 2018

Not

Here is the more bearish scenario.

29 Mar 2018

Not

29 Mar 2018

Not

Shorts are closing, and longs are getting stronger (lowest indicator, red is shorts RSI, green is longs RSI from bitfinex)