abusalmanibrahim

BTC/USDT heads towards $70k according to elliot theory

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello everyone,
Great to check bitcoin chart, elliot wave strategy combined with divergence theory.

technical analysis :
-Elliot wave has reached minimum lenght of wave three, waiting for the next candle to confirm whether wave four is over.
-According to the divergence theory, MACD and RSI have canceled the bearish divergence that occurred during this period, the bullish trend will soon continue

Note:
- the length of wave five is the minimum peak of the current wave three, looking at today's chart, BTC is likely to touch the $70k level
- After wave five ends there may be a fairly deep correction, preferably when approaching wave five, friends have made preparations, by choosing coins that might be staked with attractive rewards


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