[1/03] Bitcoin update: Cloud attraction in progress (count slightly adjusted, but overall still the same)

in bitcoin •  7 years ago 

The Kumo cloud's flatness on the 15 min is acting as a magnet and is most likely going to put in the 4th subwave of i. We can already see a bullish green cloud starting to form. Support should be found at the 200SMA (yellow). Resume path as predicted.

Linear Regression shows bullish upside on the 1 hour chart, as well.

Let me know if these updates are helpful.

Regards,
Arch

bitcoin cryptocurrency money technical analysis
7 years ago by

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