SHORT-CORRECTIVE WAVES COMPLEX

Updated
I trace the trends movements with Elliott Waves. I think that this is not a trend reversal but it is a Corrective waves (Into a complex Bear Pennant). The pole flag it is rappresented from the last intensive moviment of the recent downtrend. I think that the price will go down around 6,2-6,7k USD.

This analysis is a continuation of the previous ones
Trade active
Bull Trap
snapshot
Trade closed: target reached
Close at: 6770
bitcoinpricebitcointrendBTCUSDTshortshorttermTrend AnalysisWave Analysis

Also on:

Related publications

Disclaimer