Given the price reaching a significant resistance in the form of a possible five-Elliott wave in the weekly time frame, and the possibility of negative diversion, if this level of resistance is not broken, the possibility of correction in the form of five waves. While the bitcoin function seems to have formed wave A and B, we are waiting for wave C (5-3-5)
If this analysis is acceptable to you, I will be happy to comment and like
Always be successful and profitable
If this analysis is acceptable to you, I will be happy to comment and like
Always be successful and profitable
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.