Elliot wave forces Bitcoin out of channel? possible downtrend

19 בדצמ׳ 2017

Bitcoin is looking to complete the corrective Elliot Wave. Doing this would force Bitcoin out of it's uptrend channel.
Also Bitcoin has stopped increasing exponentially and is now rather increasing in a linear way.

This might be what is gonna cause the next big correction,

19 בדצמ׳ 2017

הערה

imgur.com/a/mQQty

The 0,386 Fibonacci retracement taken since the last correction and the Fibonacci extension taken from the corrective wave A-B lead us both to a target of 17k USD.

19 בדצמ׳ 2017

הערה

If anyone knows how to put pictures in the trade updates, please enlighten me as I am not very familiar with tradingview

19 בדצמ׳ 2017

עסקה סגורה: היעד הושג

target reached