Bitcoin BTC - Technical Analysis - Updated (Tuesday 2-April-2018 ) Looking for a Breakout
BTCUSD | Bitfinex | 1hr Chart | updated 8:00pm)
Close up on correction wave ABC (15min Chart)
Correction Wave
Wave A: dropped 0.382 Fib level to ~8,641
Wave B: went up to ~9,547
Wave C : I believe we are towards the end of our C wave correction. I'm looking for a breakout to happen. or maybe a double bottom? (still anything can happen "no trade zone")
-Happy Trading
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Price finally looking bullish again. Looks like and ascending triangle has formed after the impulse from ($7,900-$9,700). Double bottomed formed @ $8,900, waiting for the break and close above $9,300 on the 4hour for my entry. Hourly close above $9,170 activates my aggressive trade. Love your analysis, keep up the good work :)