Bitcoin found key support + reverse head and shoulders

22 thg 7, 2018

• Following an extended wave (5), BTCUSD found support at the wave 2 closing low of one lesser degree.
  
• 3 major touch points at this support line and previous resistance
  
• From 2018 June - July BTCUSD price has formed a reverse head and shoulders pattern
  
• Bigger picture, a corrective (W)-(X)-(Y) Elliott Wave pattern looks to be complete indicative of much higher upside potential