BTC, the wave count is not completed
Hello everyone,
today I want to talk about Elliot Wave Theory.
The big problem is, that waves can be interpreted in different ways and invalidation levels are often far away from trade setups. Therefore it's necessery to follow the wave count on different levels because usually the wave itself is made my a five wave move in the trend direction or a three wave move in the direction of the correction.
Currently we have an incomplete wave count on Bitcoin and should in my opinion be in the fourth or fifth wave. It seems like the next move will be towards 120k.
What is your opinion?
today I want to talk about Elliot Wave Theory.
The big problem is, that waves can be interpreted in different ways and invalidation levels are often far away from trade setups. Therefore it's necessery to follow the wave count on different levels because usually the wave itself is made my a five wave move in the trend direction or a three wave move in the direction of the correction.
Currently we have an incomplete wave count on Bitcoin and should in my opinion be in the fourth or fifth wave. It seems like the next move will be towards 120k.
What is your opinion?
交易進行
0,618 was hit today. The probabilities for a bull run is now very high.
If prices closes below 90k the scenario is invalid.
註釋
Already + 9% within a few hours. Very accurate idea so far.
In my eyes we should push to a new ATH next, if the prices closes above 100k.
註釋
I think we can see a new ATH soon.
Support levels to watch or buy the dip:
102.600
99.200
96.800
註釋
Perfect on the channel up line on the biggest liquidation day on history of BTC, this is very bullish and the idea remains intact.
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