As you can see, the chart has been updated due to the price action.
however, the macro perspective is still the same. After the bull run which has been started from the covid-19 pandemic, the price has started to correct from 64K. it forms an Elliott impulse wave until now. So, it can be concluded that the impulse wave is the first leg of a larger corrective pattern. (Zigzag pattern). according to the last wave analysis (the 5th wave), It could be comprehended that a downward rally would be unavoidable.
Check the chart.
Feel free to ask your questions.
however, the macro perspective is still the same. After the bull run which has been started from the covid-19 pandemic, the price has started to correct from 64K. it forms an Elliott impulse wave until now. So, it can be concluded that the impulse wave is the first leg of a larger corrective pattern. (Zigzag pattern). according to the last wave analysis (the 5th wave), It could be comprehended that a downward rally would be unavoidable.
Check the chart.
Feel free to ask your questions.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。