BTCEUR - Market Analysis

BTCEUR: as long as resistance at 6800 holds ideal target resides at 3900 (~ $4800). Interim support is 5016 region - there we are most likely going to see corrective bounce matching wave 4 of (5) of (C) of IV.
Worth adding that daily oversold signal is given - but overbought 4 hr signal certainly points lower.

BaseCase - BTCEUR - Primary Minor - Apr-03 0159 AM (1 hour)
BaseCase - BTCEUR - Primary Minor - Apr-03 0159 AM (1 hour)
BaseCase - BTCEUR - Primary Analysis - Apr-03 0157 AM (1 week)
BaseCase - BTCEUR - Primary Analysis - Apr-03 0157 AM (1 week)
BaseCase - BTCEUR - Primary 1 - Apr-03 0157 AM (1 day)
BaseCase - BTCEUR - Primary 1 - Apr-03 0157 AM (1 day)
BaseCase - BTCEUR - Primary 4 hr - Apr-03 0158 AM (4 hour)
BaseCase - BTCEUR - Primary 4 hr - Apr-03 0158 AM (4 hour)
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.