Bitcoin saw a nice impulse wave which followed every rule of Elliot wave theory. We are now in an ABC correction and anticipating the next move higher. We tested the 0.88 fib perfectly. We could just move up from here.
IF we move lower, pay attention to the double bottom area.
Trade Idea:
- Safe entry after break of descending red trendline
- stops below the most recent lows
- Take profits at 45.5k and 49-50k, 59k
Goodluck!
IF we move lower, pay attention to the double bottom area.
Trade Idea:
- Safe entry after break of descending red trendline
- stops below the most recent lows
- Take profits at 45.5k and 49-50k, 59k
Goodluck!
