In D1 timeframe, since dropped to $31xx, BTC reversed and increased to $54xx
According to Elliott wave analysis, BTC is under the impulse wave 3 (white)
At the lower wave level, BTC is under the corrective wave 4 (blue)
The next target of BTC to complete the wave 3 (white) is around the $57xx - $60xx area
Caution!
$63xx-$65xx was the old support zone last year of BTC, now it has become a very strong resistance
When the price hits this resistance, There may be a corrective wave down to $42xx
** If you like our content follow our profile (tradingview.com/u/DrDarvas/) to get more daily ideas. **
Comments and likes are greatly appreciated.
According to Elliott wave analysis, BTC is under the impulse wave 3 (white)
At the lower wave level, BTC is under the corrective wave 4 (blue)
The next target of BTC to complete the wave 3 (white) is around the $57xx - $60xx area
Caution!
$63xx-$65xx was the old support zone last year of BTC, now it has become a very strong resistance
When the price hits this resistance, There may be a corrective wave down to $42xx
** If you like our content follow our profile (tradingview.com/u/DrDarvas/) to get more daily ideas. **
Comments and likes are greatly appreciated.
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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.
İlgili yayınlar
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.