฿ Bitcoin BTC/USD Daily Video, March 04, 2019

[Sive Morten]

Good morning,

BTC stands too long in consolidation and this price action can't be treated as H&S pattern any more. This makes us wait for downside continuation this week:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Brett Reynolds]

Consolidation atop of 200SMA. Wave 4 corrective move and slightly upward sloping flag..indicates downward continuation to test December lows..!?

 

[Sive Morten]

Wave 4 corrective move and slightly upward sloping flag..indicates downward continuation to test December lows..!?

I see big progress in EW. Is it your major tool for analysis?
Join Stag and Deltoid in day by day discussion. They are fans of EW...