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Bitcoin BTC - Ready for another pump! Wedge + Elliott Wave

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BINANCE:BTCUSDT   Bitcoin / TetherUS
  • This is my quick update on Bitcoin on the 4h chart (local price action).
  • Price is still holding the major support zone (21 700 USDT - 22 000 USDT) and that's why my bias is still very bullish!
  • We have an incomplete rising wedge, so there is a great chance for another wave to the upside.
  • As per my Elliott wave analysis - we are basically in the middle of this "huge" Impulse wave!
  • There are a lot of Elliott waves combinations, but i think this is most probable scenario.
  • Look at my ideas about interesting altcoins in the related section down below ↓
  • For more ideas please hit "Like" and "Follow"!

My second alternative Elliott wave count. We have a leading first wave diagonal here.


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.