I just posted some thoughts on my Elliott Wave interpretation of the current BTC price action. Instead of 2 zig-zag like patterns we may have 1 triangle, which should be confirmed if the price retraces from here. This would be a good place to take a long most likely.
(I am relatively new to Elliott wave theory but have found it helpful in my trading thusfar. Thus I am not 100% sure which of the scenarios we have.)
(I am relatively new to Elliott wave theory but have found it helpful in my trading thusfar. Thus I am not 100% sure which of the scenarios we have.)
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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.