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Bitcoin and Ripple: Be Aware of Coming Weaknesses
, still looking for a corrective move abc within wave B/2 that can retest the 49k-50k resistance area before a continuation lower first. Anyway, definitely watch for a continuation lower over the weekend or perhaps next week. Bitcoin 1h Elliott wave analysis chart, made an intraday spike perfectly to 61.8% Fibo. Retracement ideally for wave C of (B)/(2) as expected and we now have a nice bearish setup formation. So watch out for further weakness in the coming days that may take the price back to lows within wave (C) or (3). Ripple 1h Elliott Wave Analysis Chart Disclaimer: Fusion Media…
Bitcoin and Ripple: Be Aware of Coming Weaknesses
, still looking for a corrective move abc within wave B/2 that can retest the 49k-50k resistance area before a continuation lower first. Anyway, definitely watch for a continuation lower over the weekend or perhaps next week.
Bitcoin 1h Elliott wave analysis chart
, made an intraday spike perfectly to 61.8% Fibo. Retracement ideally for wave C of (B)/(2) as expected and we now have a nice bearish setup formation. So watch out for further weakness in the coming days that may take the price back to lows within wave (C) or (3).
Ripple 1h Elliott wave analysis chart
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