Hey all,
A few weeks ago I introduced my Elliot Wave theory on Bitcoin. And this post is here to update this theory :
-Prices are still in the fifth wave of thecorrective Wave A. The first target is hit, this one is located at $16,540$. We're dealing with a possible bottom if the macro situation has no more bad news.
-Following the corrective Wave A, Wave B will permit to bounce for a few months and to go back to a better area, with a first major target located at $39,483, the golden ratio of the retracement of Wave A.
Let's see how the evolution will be. I'll see you in a few weeks in the update of this situation. Do not hesitate to follow to stay update !
Cheers.
Romain
A few weeks ago I introduced my Elliot Wave theory on Bitcoin. And this post is here to update this theory :
-Prices are still in the fifth wave of thecorrective Wave A. The first target is hit, this one is located at $16,540$. We're dealing with a possible bottom if the macro situation has no more bad news.
-Following the corrective Wave A, Wave B will permit to bounce for a few months and to go back to a better area, with a first major target located at $39,483, the golden ratio of the retracement of Wave A.
Let's see how the evolution will be. I'll see you in a few weeks in the update of this situation. Do not hesitate to follow to stay update !
Cheers.
Romain
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.