ferGOD

BITCOIN - TODAY - MARKET UPDATE - 11/15/2019

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ferGOD Diupdate   
COINBASE:BTCUSD   Bitcoin
BTC took out its previous low, indicating wave C remains incomplete. We'll now see if the 0.786% projection for waves w and y at 8k can contain the decline.

Whether wave B has unfolded as a triangle, or an ending diagonal is underway for wave C, our immediate focus remains on lower; at least while the upper boundary of the impulse channel acts as resistance. The decline is likely to continue toward the lower target area which is highlighted on the 240-minute chart.

Key Levels: 7296.44, 9150, 9450.00, 10540.49, 10939.34

Keep you updated as this price evolves.

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I am not Bearish long term. I am a Bull of Bulls.

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Possibility of the double bottom! 240m
Keep your eyes a Breakout of 8773 signals that wave 2 is complete.
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