SRVgroup

BTCUSDT Waves. Under the microscope. (24.11.2017)

BITFINEX:BTCUSD   Bitcoin
Bitcoin went to a full correction. We think that an intermediate wave 1 (blue) was formed, and now wave 2 (blue) is developing. We will try to understand where the price will stop.
According to the plan there is the nearest point that deserves close attention: the level of 7700. We are waiting for the price to form a new impulse towards growth from the specified area.
If the correction does not continue according to plan, and bitcoin will throw above 8300, in this case, we will buy at the correction from the levels 8200-8100.
The main level of canceling the script is 7400.
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