CHASS_ | BTCUSD

BTCUSD

I think Bitcoin will do one more low retest.

Bitcoin Chart Analysis by Elliott Wave and PA.



It seems that the P wave, where the highs and lows are gradually converging, is in progress, and if the lows are lowered, the market may not be very good in the future.



As for the main peak candles, pin bar candles are continuous. In general, when pin bar candles appear at the bottom, it is close to a bottom signal, but the fact that there are more than two consecutive candles does not look very good. It can be seen as a resolution of the sale price, but I plan to buy it when the favorable chart lags behind.