Updated

BTC SCENARIO..

This is my idea... based on what i see on chart..
Maybe I'm wrong, Maybe I'm right.. time will show..
I don't explain it in words..
Look at the pictures and figure out by yourself..

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Sorry the last pic was cutted.. this is correct..

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It's always difficult to understand BTC, often different Indicators shows opposite resolutions.. so we have to valuate the weight of different indications and decide which is most relevant..

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The yellow 50 EMA now is acting as a resistance.. I don't think price will broke it so probably in the next 50 min BTC will dump, and the candle will close whit a correct lenght..

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Volume Bearish divergence

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However i need to say that the triangles I've draw are wrong..
I've started studying Elliot Wave right in this days, sorry for my mistake..
Here a study i'm doing now, I think this it's less scketchy..

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zEROEQUALtWO

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zEROEQUALtWO

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