JimmyHodl

BTC - third (and last) correction wave?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Perhaps I've just tracked the Elliott Wave correction pattern. I stacked it all with moon phases and RSI 1d channel and look what i got.
1d RSI channel hasn't been broken since Jan 2021. Correction wave is creating inside descending, parallel channel which is well known as 'bullish flag' and moon is about to be full.

So here's what I think - we're going to have 2 more corrective sub-waves in the 3rd (C) wave (ABC Elliott Correction), we hit somewhere close to the bottom of this descending channel/green demand zone, 1d RSI channel hit the bottom line again, we're done with this correction about the end of September and then we're going north! To where? My analysis from Mai is still valid:



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.