Two Possible Scenarios for #BTCUSDT in the weekly timeframe
Hello Crypto Traders
As it is clear in the chart we could possibly be following a Running Flat Correction Pattern (ABC). Based on Eliot waves theory there are 2 potential targets for the B leg of this pattern, either 1.236 extension fib level or 1.361. if this is the case (and based on the volume I believe it is) we must see the targets depicted for leg C as shown in the chart. Remember we could still have a run for 30k, yet it will still be a correction pattern. Let me know if you opine otherwise and feel free to draw your own Eliot Wave patterns.
Good luck everyone and have a profitable week.
As it is clear in the chart we could possibly be following a Running Flat Correction Pattern (ABC). Based on Eliot waves theory there are 2 potential targets for the B leg of this pattern, either 1.236 extension fib level or 1.361. if this is the case (and based on the volume I believe it is) we must see the targets depicted for leg C as shown in the chart. Remember we could still have a run for 30k, yet it will still be a correction pattern. Let me know if you opine otherwise and feel free to draw your own Eliot Wave patterns.
Good luck everyone and have a profitable week.
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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。