Bitcoin Technical Analysis (BTC/USD) : Double Down… [01.11.2019]

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Comments

Athan Thompson says:

Thank you Sam

TonyNightKing says:

Thanks Sam.

Zandz Ferg says:

Still calling it: Expanded flat completed on the last big impulse up, then into the final wave down (waves 1 & 2 are complete and we are working through wave 3). My fibs show ~$2850 (Bitstamp chart) as the bottom, which should also give us strong bullish divergence on the RSI. Of course, I could be wrong.

Edward Doyle says:

Sam how can you reconcile the bearish count you posted for LTC with this apparently bullish count? I find it hard to fathom how BTC could go into an impulsive 3rd wave if LTC is heading for $13!

MichaelDavid09 says:

Why BITFINEX price? That’s NOT the price of Bitcoin.

skyvvvay says:

I see a larger channel which you have not outlined here and I can’t post a picture in this comment or I would. The next bottom/support of that channel looks to be around 2900-2750, if we test that.

TAEHSAEN says:

In your personal opinion (not TA) do you think BTC will break below 3000?

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