After some drawing and drawing it seems BTC has to go back. Maybe after a pullback to 42ish. Where maybe all people at set SL from the last peak.
I won’t think it would go above, why? Because a lot of people os waiting to 42.5 to recover or exit from the last time a month ago.
Also, all the possible drawing under my Elliott educational level, shows we need to go down to finish cycle wave 2 and start wave 3(red line).
Another possibility not in graph was to except being on wave 2 going to wave 3, would be finishing wave B and starting wave C. This would set a target of 60/70ish rather than 110/180k ish if we would be in wave 2.
Both scenarios shows we need to around 28/27 to bounce to 60/70 or 110/180K
I won’t think it would go above, why? Because a lot of people os waiting to 42.5 to recover or exit from the last time a month ago.
Also, all the possible drawing under my Elliott educational level, shows we need to go down to finish cycle wave 2 and start wave 3(red line).
Another possibility not in graph was to except being on wave 2 going to wave 3, would be finishing wave B and starting wave C. This would set a target of 60/70ish rather than 110/180k ish if we would be in wave 2.
Both scenarios shows we need to around 28/27 to bounce to 60/70 or 110/180K
註釋
It seems i missed the pullback level, waiting for a ZigZag and being a longer one.My setup still the same, but the pullback could occur 51k or 56k is wave 5 is extended
註釋
It seems, the end of wave 2 was 28k and now we are in the wave 3 towards 120k
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