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Like2Move

Counter trend expected

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BITSTAMP:BTCUSD   Bitcoin
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32
Looks like Bulls are exhausted, respite is needed ;)
Counter trend targets 1500 zone (fib 0,382) support.
StopLoss above 1900.

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Comentarios:
Nice Elliott ABCD correction wave done. Target 1500 valid below 1800:
snapshot
Comentarios:
Sorry, ABCD is still in the process. In any case, there is a strong resistance @fib 0,764 (1825).
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Comentarios:
Selloff @1815: a bounce from violet EMA expected. And it could be a good sign :)
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Comentarios:
Below 1770: Target1 1750 and may be a bounce. Be careful, stoploss 1800.
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Comentarios:
Strong support @ zone1750 and strong resistance @ zone 1800. Below 1750 validates target1 and 2.
snapshot

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