Not the typical shape but the 3 candlesticks together suggest a downturn.
Just updating the 5-3 path, still seems on course...
I've been following this 5-3 for a while now, looks like it's still on course...
A while back I drew out an evolving Elliott Wave on the daily BTC chart and watched it play out to conclusion. We now seem to be starting the first leg of a new wave and based on that I'm going to predict that BTC gets back to around $5K in about 7-8 days time. I will report back later to see how I did. As ever, I have very little experience of analysis so please...
We've had 2 days of downward movement to confirm we're into stage 1-2 of an E Wave. Stage 2 would look to be around 3800??
1-2 about to start by the looks of it...
BTC Hourly chart - Finally broke out the falling wedge and now following the Elliott Wave up for a bit
It looks to me like the wave is nearly complete, possibly at 3300 when, hopefully, anew wave will start??
Looks like a falling wedge has formed, looking for the breakthrough now...
Looking at the 15min chart my question is, has yesterday's resistance line at $4380 become today's support line?
So far so good, I'll keep an eye on it and update as and when...
hopefully it will complete soon...
The W completed and the price looked to be creeping up but may be stalling. I noticed there are a few green prices in the top 100, Nav And Verge especially are doing well
Looking at the 15 minute chart a double bottom has formed so keep those finger's crossed.