Double three with oversold conditions on the higher timeframes

16 ביולי 2020

For #bitcoin we're facing the end of an double three (WXY) structure ending with a barrier triangle. The E-wave is finishing. This together with oversold RSI situations on the higher time frames is opening up a bullish expectation. As the 'double three' is probably the fourth wave of a higher degree, the move up can be the fifth whereafter I expect a correction down.