SUMMARY
Bitcoin (BTC) made moderate gains today. Based on how the micro subwaves look, I've updated the Elliott Waves so that wave 3 is lowered slightly to $8,483 and if overnight price takes that out...great!
The below is Bitcoin Cash (BCH) and I've laid out a much larger Head & Shoulders pattern with a target of $2,007. Also, price did breach the upper line of the ascending right triangle today and is now consolidating. The target for this pattern of $1,387 is still valid. The video has more details!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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