First of all, I want to say, that this scenario isn´t my primary scenario, on the other hand, it is entirely possible, that this secondary scenario will play out
There is my primary eliott wave count in which I am expecting long boring consolidation (wave 4) - the bottom should be set for a long time. Currently the sentiment is very bearish, the most people are in SHORT position, so I am not expecting downside move from current consolidation.
In this secondary scenario, we are currently in wave 4 - triangle - and we will go down soon, approximately to 20k -> that would mean, that trend has reversed. Then we should see some sort of 3-wavish pullback, which will be wave B and then the downtrend will continue and we should see wave C, which should definitely go below 20k.
There is my primary eliott wave count in which I am expecting long boring consolidation (wave 4) - the bottom should be set for a long time. Currently the sentiment is very bearish, the most people are in SHORT position, so I am not expecting downside move from current consolidation.
In this secondary scenario, we are currently in wave 4 - triangle - and we will go down soon, approximately to 20k -> that would mean, that trend has reversed. Then we should see some sort of 3-wavish pullback, which will be wave B and then the downtrend will continue and we should see wave C, which should definitely go below 20k.
Haftungsausschluss
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.
Haftungsausschluss
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.