SHORT [DAY TRADING] BTC Elliot Impulse Wave 2 being Ignored?
Updated
BTC was supposed to rally up to the wave 3. However, in the volume, we can notice that there were MASSIVE people selling. Would this make BTC downtrend?
We need buyers inorder to recover the Elliott Impulse wave!! Let's see what happens..
Will update here whether it's just a bear trap or trend reversal.
Ignore this if this turned out to be a bear trap.
We need buyers inorder to recover the Elliott Impulse wave!! Let's see what happens..
Will update here whether it's just a bear trap or trend reversal.
Ignore this if this turned out to be a bear trap.
Note
In 1 minute chart, it is very close to form a Double Top. Be careful guys. Hope it moves up to the Wave 3.Note
Double Top seems to be forming. Needs to break out 8.5k.Note
Wave 3 ignored. It's either a descending triangle or just not a good sign of trend...
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