Market Analysis for May 23rd, 2018


I want to see these micro degrees fill out for a high probability bottom in BTC. I count that nano 1 as a nice 5 up. The ii in that one looks big proportion but all the fibs check out (yes 1m chart). It held the .764. Works. But this next degree is what matters. See how it lines up with the blue box I marked early for resistance? If we get a corrective retrace below that and a break of resitance we're looking good. 

BTCUSD - Primary Analysis - May-23 1730 PM (20 min)
BTCUSD - Primary Analysis - May-23 1730 PM (20 min)
Ryan Wilday hosts the Crypto Waves service on ElliottWaveTrader.net.


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