BTC Elliott Wave count 4H TF
Probably Bitcoin will continue to the upside to end a C or 3 wave formed by an impulse with 1st wave being extended. Usually this kind of impulses end into 0.618 - 0.786 fib extension of wave 1 (32300 - 33900 zone). Also in the 0.618 fib extension zone we have an important resistance made by a previous rejection level.
If the price will hit 1.618 fib extension of wave A or 1 (red count) we may see this as
a 3rd wave but only after the correction (4th wave).
See also the related idea.
Good luck!
If the price will hit 1.618 fib extension of wave A or 1 (red count) we may see this as
a 3rd wave but only after the correction (4th wave).
See also the related idea.
Good luck!
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