BTCUSD
- BTC seems to be caught in a funny position and forming a classic descending triangle. Expect a downward breakout by tomorrow (next 18 hours). There could be serious correction. Also there is a pattern of hogh volume on sell in the preceding days, followed by buy hence could find support at $14,500 levels.
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With the movement within the descending triangle complete, there could be a sharp down side now. However this is part of wave 3-4 of elliot wave and a big upside is high probability is my analyis...stay tuned
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bingo !!! time to study new trends from here !