BTC going on an A-B-C correction which is very common after a good 5 wave impulse
Blue 5 wave Elliot wave from 2017 to 2021
ABC corrective wave in RED
Wave C is an irregular correction(Wave B ended above start of wave A) and is of 5 wave series in PURPLE
Wave C has two more waves to go sub wave (4) and sub wave (5)
I believe there will be a more complex sub wave 4 in bigger Wave(C) which might go up temporarily to 40K before the final sub wave 5 ends around 26K
1) significance of 26K is it's Fib 61.8% at its all time high of 68K
2) Wave C extension of Wave(A) falls around 24K
So thae 24-26K zone is a great one to watch
Blue 5 wave Elliot wave from 2017 to 2021
ABC corrective wave in RED
Wave C is an irregular correction(Wave B ended above start of wave A) and is of 5 wave series in PURPLE
Wave C has two more waves to go sub wave (4) and sub wave (5)
I believe there will be a more complex sub wave 4 in bigger Wave(C) which might go up temporarily to 40K before the final sub wave 5 ends around 26K
1) significance of 26K is it's Fib 61.8% at its all time high of 68K
2) Wave C extension of Wave(A) falls around 24K
So thae 24-26K zone is a great one to watch
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.