Bitcoin had completed a 3 wave pattern since May 19th and began to trade in a sideways channel on the daily. According to Elliott Wave Rules, a steep wave 2 will lead to a sideways wave 4. It is reasonable to expect that wave 4 would have a completion to the upside as it is also a corrective wave or pullback into the previous trend. In this case, a pullback into the bearish trend. I have charted some Fibonacci Projections based on the principles of Elliot Wave Theory for your consideration, along with some Time Projections for the completion of Wave 4.
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.