schematic of E. waves and what we could expect

first I need to tell you this is not solid statement and plan. ( but which analysis could be 100% solid at all :). )

this is what right now I can see from the Elliott wave aspect.

I we agree on the bull trend and the (ABC) correction of the BTC market for now then

we might count waves like I did and the coming waves we could expect to resume.

in my view right now the (A) and (B) waves have already completed and we are in the path

of (C) wave of this corrective bull trend.

if it is I believe sub wave (1) of the main (C) is now done and we should expect short term

correction to complete the wave (2) of this impulsive sub waves.

for wave (2) I consider two targets before running next impulsive wave. (( wave (3) ))

what is your point of view of Elliott waves?. share your view here...



Enjoy the market

Kommentar:

for shorter term view. the price need to break down the local trend line for drop.

Trade ist aktiv:

for healthy market we need to see price correction, either move sideways for a while or drop now the correction is needed. lets see

Trade ist aktiv:

bounced back upside exactly after testing the first area on my chart.
we still can expect more drop around 25K to complete the second wave however above the 28700 resistant level and my local trend line can turn to bullish side.
let's see

Trade ist aktiv:

look at the key level.