Bitcoin Elliot Wave Analysis
We seem to have finished wave 4 of larger wave C at a .38 retracement level.
We expect wave 5 to be similar to wave 1, which means we should end somewhere between 49.5 and 51.5.
From this level we shoud be starting wave C or Y in the larger degree and go down to ~25-28K
We expect wave 5 to be similar to wave 1, which means we should end somewhere between 49.5 and 51.5.
From this level we shoud be starting wave C or Y in the larger degree and go down to ~25-28K
Trade active
Note
Invalidation around 42.8K (SL)Trade closed: stop reached
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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.