Elliot Wave Count on Bitcoin Usd

2021年6月19日

In the long term I'm expecting a 5 wave move for the Elliot Wave Count.
Let's see if it retreace at the Golden Pocket or maybe not.
This is a long term analisys

2021年6月20日

註釋

An idea that I have had for a long time and that I share with you ... who knows ... nobody has ever had a glass ball. It should be noted that the third wave is imprecise because it was done fast. Next time I will put more attention please forgive me :-)

Wave 3 is in the last red Doji candle which actually indicates the trend change.

We are on Monthly Timeframe, so quite long term.

All traders are now looking at the Fibonacci retracement and the Golden Pocket between 0,618 and 0,65 and that is why in markets with leverage and large Big Players I have noticed that sometimes you don't reach the Golden Pocket.
Or worst sometimes you just overlap it for bounce.

$ 30,000 is also a nice psychological level for a possible Double Bottom.