BTCUSD Above 33900 Short-term update

2021年1月3日

Hi guys.
What a opening of the year for BTC huh.
Exceeding all of our expectations.
We are above 33900 which is above the top line of my channel that BTC has been moving in the last 9 months.
So now is the time to see are we going to close above this section or below, because a closing below will maybe initiate a massive correction to test the middle of the channel aeound 25k, and the lower boundary of the channel around 18500k.
If we close above 33900, we are really off to the moon by my observations.
I will add 2 more snapshots on the hourly and 15min chart.
Not financial advice.

Cheers!

2021年1月3日

註釋

Looks really nice at the hourly.

2021年1月3日

註釋

Here is a bullish projecion using elliot wawe, please correct me if I am wrong. 39000ish is the target by my opinion.

2021年1月4日

註釋

N pattern invalidated, Head and shoulders played out, retracement was 20% roughly in total from 35k to 27.5k usd.
is this the retracement we were looking for?