Ending diagonal is forming in wave 5 Giá xuống

Bitcoin / U.S. dollarBitstamp

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⋅ 22 Th11 2017 16:14

It is obvious an ending diagonal in wave 5. And the last wave of ending diagonal is a triangle. I think we will see a huge down correction soon.

⋅ 22 Th11 2017 22:40

Triangle completed

⋅ 22 Th11 2017 22:57

Alternative idea: triangle in wave iv also could be

⋅ 23 Th11 2017 18:01

Triangle still in developing. it looks like there is some news is coming about Bitcoin. And market is waiting.

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Box1515

⋅ 22 Th11 2017 17:50

$7,100 would only be ~14% correction from where we currently, so that's pretty minor in my book. I think we would rebound quickly and decisively.

nomad-ua

⋅ 22 Th11 2017 18:48

@Box1515, It might be an ending of large impulse from 3000, so correction could be up to 5600 (50%)

Box1515

⋅ 22 Th11 2017 18:50

@mmortall, probably unlikely, but that would be great. :p