BTCUSD Elliott Wave Technical Analysis
Mode: Corrective
Position: Wave (iv) of (c)
Direction: Wave (iv) of (c) is still in play
Details: Wave (iv) is still in play which I expected to be end around 66-67K.
Next Direction: Wave (V) which will complete the next higher Degrees Wave (c)
Target : the area between 60-58k
Wave Cancel invalid level: BTC going above 69200
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Mode: Corrective
Position: Wave (iv) of (c)
Direction: Wave (iv) of (c) is still in play
Details: Wave (iv) is still in play which I expected to be end around 66-67K.
Next Direction: Wave (V) which will complete the next higher Degrees Wave (c)
Target : the area between 60-58k
Wave Cancel invalid level: BTC going above 69200
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Note
ALT COUNT, but not likely, because it need very fast moves to complete it before the halving.Note
we reach the target of our wave (iv), will BTC fall down to wave (v) !!!!NOTE: if BTC didn't fall down today then it will continue up at least to 71K
Trade active
we reached our entry pointBTC is now in a buffer zone, positivity overcomes negativity, the end of negativity is confirmed when the price penetrates 64900 and closes above it.
Trade closed manually
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.