Forming Wave D & E to complete the Contracting Triangle.

업데이트됨
Wave 2 ended at $7,665.1, it has been retraced 0.71 level of Wave 1.
In most of the time, Wave 2 would retrace 0.618 - 0.786 level of Wave 1, which is also sharp & deep.

Forming Wave D & E could be the Sub-Wave 1 & 2 of Wave 3 respectively.
코멘트
Wave Pattern still remain the same, and the Wave 2 have not finish yet.

Wave 2 could touch the Major Up Trend Line (yellow line) ~ $6,900 - $6,800 very soon.
코멘트
Great, Wave 2 was ended at $7,240 (0.786 Fibonacci level of Wave 1). BTC/USD begins the journey to Wave D with target = $ 9,700 - $9,900.
코멘트
Sub-Wave 1 & 2 of Wave D could be completed, and now in the forming of Sub-Wave 3 of Wave D with the short term target to $9,300.
코멘트
Sub-Wave 3 of Wave D could hit $9,800 or even breach the Major Down Trend Line (white line) and complete this Contracting Triangle pattern without forming Wave E.
If this happened, it could be very BULLISH.
Chart PatternsTrend AnalysisWave Analysis

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