Ending Diagonal. Playing on hidden bearish divergence on the daily if BTC is unable to break above 9.9k. Target for wave 5 is 1:1 fib extension of wave 3.
Anmerkung
Anmerkung
Taking a close look at the Elliot Wave Oscillator, it's clear that we're in the 5th and possibly final leg of correction. The question is, has the 5th been successfully put in? Lets take a look at a smaller time frame.
Anmerkung
Anmerkung
It is tricky right now. I spot a regular bullish divergence and a hidden bearish divergence. Has the 5th been already put in (just after the 3rd)? Or are we still headed down once more?
My conclusion is that until we break upwards from 9.9k (and invalidating the bearish divergence), BTC is still under corrective mode.
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.