BTCUSD has broken the wedge pattern and is at resistance...we expecting a push past this level and retest back to treat this level as support, will enter on the retest, hopefully the daily candle will close above this level that will give this set up some confidence for a bullish market.
Only one correction to go. 20k here we come. then I think 4K correction. Elliot style
KhayalethuMbewu
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@Peter789, Yeah 20k is on the way...!you saying its going to go down by 4K so basically correct on the 12K level ?
Peter789
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@KhayalethuMbewu, No I am think Bulls to 20 or 21. Then correction down to 15 or 16k.
Draw Elliots cup and handle from Dec 18.
Either way I am watching very closely.
KhayalethuMbewu
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@Peter789, Alright i hear you man happy trading ...