Hi, here's the reason(s) for the Bullish scenario we forecasting.
According to the Elliot Wave Strategy we use here's the following reasons for buying Bitcoin at current prices:
1. Impulse 5 wave of 1 to 5 complete as seen on the Chart.
2. Correction 3 wave WXY or ABC forecasted to have ended since @ABC of Wave Y of the WXY wave Correction to have complete @100% Fib ext. of AB since AB = BC.
3. Also WXY to have ended/Complete @100% Fib ext. of WX.
4. With Complete Impulse 5 Wave ( 1 to 5 ) and 3 Wave Correction (WXY) we forecast that we have Wave 1 and 2 Complete then now on the creating of the 3rd Wave.
5. Then also our MA broken to the upside signaling more Buys, so one can either buy more Bitcoin's now or also wait for Confirmations like a break above the Channel and retest the Buy more.
As always don't forget to refer/check the previous setups shared, so as to be ready for any outcome whether Buy or Selling.
NB: Please use your own Risk Management and Buy more and Trade with Responsibly, Don't Forget to Like and Follow for more, Thanks.
According to the Elliot Wave Strategy we use here's the following reasons for buying Bitcoin at current prices:
1. Impulse 5 wave of 1 to 5 complete as seen on the Chart.
2. Correction 3 wave WXY or ABC forecasted to have ended since @ABC of Wave Y of the WXY wave Correction to have complete @100% Fib ext. of AB since AB = BC.
3. Also WXY to have ended/Complete @100% Fib ext. of WX.
4. With Complete Impulse 5 Wave ( 1 to 5 ) and 3 Wave Correction (WXY) we forecast that we have Wave 1 and 2 Complete then now on the creating of the 3rd Wave.
5. Then also our MA broken to the upside signaling more Buys, so one can either buy more Bitcoin's now or also wait for Confirmations like a break above the Channel and retest the Buy more.
As always don't forget to refer/check the previous setups shared, so as to be ready for any outcome whether Buy or Selling.
NB: Please use your own Risk Management and Buy more and Trade with Responsibly, Don't Forget to Like and Follow for more, Thanks.
