Greetings, everyone,
We find ourselves currently facing the primary pessimistic scenario in the context of
BTCUSDT price dynamics. The digital currency has recently dipped below the $15,000 mark, marking the culmination of the final bearish wave 5. Concurrently, a pivotal juncture looms at approximately $21,000, where the price will determine the course of our trajectory, whether it signals a continuation of the bullish trend or not.
The primary alternative scenario unfolding at present is an ABC zigzag correction within the framework of wave 2 in the nascent bull run. It is our firm belief that wave A within this ABC pattern has been successfully concluded, exhibiting a quintessential Elliott wave structure characterized by five distinct waves. This, in turn, implies that we can anticipate observing a similar five-wave pattern in wave C.
The immediate course of action necessitates patience, as we await the culmination of wave B. This specific wave carries a target zone situated at the 0.61 Fibonacci level, approximately at the $28,500 threshold. It is from this juncture that we will be able to derive measurements for the potential downturn.
Best regards, Skyrex team
__________________________________________________________
🔥Please, follow us and smash the rocket🚀 button to support us🔥
We find ourselves currently facing the primary pessimistic scenario in the context of
BTCUSDT price dynamics. The digital currency has recently dipped below the $15,000 mark, marking the culmination of the final bearish wave 5. Concurrently, a pivotal juncture looms at approximately $21,000, where the price will determine the course of our trajectory, whether it signals a continuation of the bullish trend or not.The primary alternative scenario unfolding at present is an ABC zigzag correction within the framework of wave 2 in the nascent bull run. It is our firm belief that wave A within this ABC pattern has been successfully concluded, exhibiting a quintessential Elliott wave structure characterized by five distinct waves. This, in turn, implies that we can anticipate observing a similar five-wave pattern in wave C.
The immediate course of action necessitates patience, as we await the culmination of wave B. This specific wave carries a target zone situated at the 0.61 Fibonacci level, approximately at the $28,500 threshold. It is from this juncture that we will be able to derive measurements for the potential downturn.
Best regards, Skyrex team
__________________________________________________________
🔥Please, follow us and smash the rocket🚀 button to support us🔥
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Trade smarter with:
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Trade smarter with:
skyrexio.com
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
相關出版品
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。