Elliot wave forces Bitcoin out of channel? possible downtrend

2017年12月19日

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,

2017年12月19日

ノート

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.

2017年12月19日

ノート

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

2017年12月19日

トレード終了: 利益確定目標に到達

target reached