Bitcoin

$BTC Buy Setup within Elliott Wave 4

468
BTC wave 4 is still in progress

The first area of support between 10.600 and 11.000USD has not been touched.
The pullback could be enough with a buy setup triggered yesterday.
However, the buy Setup is unperfected and a retest of 11.100USD or lower is likely before the expected consolidation/reversal materializes.

RSI starts to look good.

A stronger correction is also possible but would turn BTC in a negative bias if RSI also turns negative.
A Daily Close below 9.200 USD would mean a Bearish scenario.

Best!

MATHR3E

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.