Hi traders,
Here is a scribble of my work on Bitcoin using Elliott Waves. Although I'm not a big fan of trading using this theory as its built using many assumptions which usually fails. However, it's sometimes fun to use it and see the market from different perspectives.
I don't want to be very optimistic, but based on the information and what the chart is telling me, $12,800-$13,000 should be an easy one!
My Previous idea on Bitcoin using Elliott Wave:
Regards,
Abdulla
Here is a scribble of my work on Bitcoin using Elliott Waves. Although I'm not a big fan of trading using this theory as its built using many assumptions which usually fails. However, it's sometimes fun to use it and see the market from different perspectives.
I don't want to be very optimistic, but based on the information and what the chart is telling me, $12,800-$13,000 should be an easy one!
My Previous idea on Bitcoin using Elliott Wave:
Regards,
Abdulla