The Correction is not over yet !!
Just trying to make sense of recent BTC price action from Elliot wave Perspective and come up with a bias on short term basis.
A Minute wave Completed and now a Combination Correction is in progress.
wave 4 unlikely goes out of the channel so am comfortably calling it an ABC correction as triangle form just before the final leg up in wave 4 or wave c.
Subwave count of wave 3 provided as its visible being the longest. RSI reading was the highest in subwave 3 of larger 3.
A Minute wave Completed and now a Combination Correction is in progress.
wave 4 unlikely goes out of the channel so am comfortably calling it an ABC correction as triangle form just before the final leg up in wave 4 or wave c.
Subwave count of wave 3 provided as its visible being the longest. RSI reading was the highest in subwave 3 of larger 3.
Not
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.