BTC/USDT - corrective wave is about to end - next target for BTC

Elliott's pattern consists of "impulsive waves" or "main trend" and "corrective waves" or "sideways trend"
- The time of impulsive waves are much less than corrective waves
- The impulsive waves have much larger fluctuation amplitude of price than the corrective waves
Next target: $5750 - $6130 - $6430

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We have resistance levels at $5750 - $6130 - $6430
The $6430 is considered a strong resistance,
as it has supported BTC many times
without being reduced further than this level last year.

Yorum:

This is H4 timeframe

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DONE $6430