Is bitcoin bullish or bearish?
Simple and fast analysis
Number of bearish candles in 15 minutes 27 candles from 42199 to 40820
The number of candles in 15 minutes, from 40,820 so far, is 56 candles
Quite simply, the height is a correction
The length of time tells you that you are in a correction or an impulse wave
======
According to Elliott waves
wave so far a b c
Note that so far wave C has not reached 61.8% strength of wave A.
Of course, a negative divergence will form between the top of wave A and the top of wave C
=====
The picture is clear, bitcoin is bearish
The analysis is simple and easy
Good luck for everbody
Simple and fast analysis
Number of bearish candles in 15 minutes 27 candles from 42199 to 40820
The number of candles in 15 minutes, from 40,820 so far, is 56 candles
Quite simply, the height is a correction
The length of time tells you that you are in a correction or an impulse wave
======
According to Elliott waves
wave so far a b c
Note that so far wave C has not reached 61.8% strength of wave A.
Of course, a negative divergence will form between the top of wave A and the top of wave C
=====
The picture is clear, bitcoin is bearish
The analysis is simple and easy
Good luck for everbody
Note
Note
Quick analysisSorry I didn't notice the first picture, it's a bit small
The second picture illustrates the idea well
Good luck to all
Note
Minimum target for wave C61.8% of wavelength A
Note
Warning Warning
This candle is a selling candle, not a buying
that is trap
Note
bull trapNote
One hour and twenty-six minutes leftClose the four-hour candle
Then we will see
Note
Note
Note
We expect the target of wave C to be around 61.8% or less of the length of wave AIf we are going to have a running flat wave model.
This pattern indicates the acceleration of the price reversal in the opposite direction
Note
We're supposed to have a reversing candleWithin the next 4 hours
Note
I mean the four-hour candleNote
Trade closed: target reached
you guys clap
How does chronological analysis with Elliott analysis?
Was Bitcoin bullish or bearish?
hahahahaha
Analysis 1000000000000%
The target has been reached, the wave has achieved the target, and it has descended as expected
Thank you for watching and comments
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Related publications
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.