helengon183

helengon183

This is my updated Elliott Wave analysis for BTC. The text box is telling that SVB bank and current CPI are all good news that makes the market buy the believe that FED will stop the interest rate and the timing are very well controlled. The news is released to the public just right at the end of wave 2 of a smaller Elliott Wave which fits perfectly to the theory...

helengon183 Updated 

In the charts, we can see a lot of Elliot Wave is overlapped

helengon183

The past few months have been very tough for the crypto market when the price is entirely dominant by the Bear. However, Elliot is here to bring good news, at least in a larger timeframe. Looking at the bigger picture, we can observe that the basic Elliot wave is complete which include wave 1-5 and ABC in a smaller timeframe, and that completes the picture of...

helengon183

According to the chart analysis, we can see that in the smaller timeframe, Tesla just finished its basic Elliot Wave which consists of Wave 1-5 and ABC Wave. In the bigger time frame, the wave as mentioned earlier is observed as a Wave 1-2 and the green candle in this month support the idea that maybe this is a time where Wave 3 begins. However, It needs to...

helengon183

In short term i believe btc will break the triangle and we will wait for whether btc will dump below it which indicate the long time downtrend or recover and continue to go sideway