For personal reference and accountability. Previous support lines dictated price as marked in yellow, possible strong influence from Asian markets around the 8800 area. The next 24-48 hours will be cruical in developing key support for BTC.
On the lookout for a breakout signal from EOS, a cup and handle is forming on the 4hr.
Looking for confirmation of a handle or continuation of cup.
ABCDE correction down to the .618 fib on the 1 day chart
Btc seems to of made a healthy correction and overall formed a pennant. Publishing for my own learning.
ELLIOT WAVE AND CORRECTION Im in no way an expert trader.