SparkLife

BTC: Elliott Wave ABCDE triangle correction on the way

KRAKEN:BTCUSD   Bitcoin
If everthing goes according to the chart, then it's pretty simple:

From here on, BTC goes to $3900 to $4000, then drops and breaks the triangle, possibly breaking the $3150 support (December low) and completing Wave 3.

So the entry on the short side - breaking the $3500 price level, would happen around the beginning of February (implying that BTC will hit $3900-$4000).

At the moment, as long as BTC stays above $3550, we are bullish and aim at the targets mentioned before.

Safe trading!
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.