Hello, Skyrexians!
BTC.D showed rapid decrease and as a result we have some changes in the analysis. Hope you remember the yellow Elliott waves cycle which according to my previous analysis was not finished. But now looking at the Awesome Oscillator I changed my mind and now we in the higher degree wave 4.
We will switch from 12h time frame to the daily and can see that wave 4 is already in progress. This wave is going to be ABC shaped and in my opinion reach 0.5 Fibonacci level at 61% or even lower to 60%. Then the final wave 5 will reach 67%. Wait for the update I will tell you when wave 4 is finished.
Best regards,
Ivan Skyrexio
___________________________________________________________
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BTC.D showed rapid decrease and as a result we have some changes in the analysis. Hope you remember the yellow Elliott waves cycle which according to my previous analysis was not finished. But now looking at the Awesome Oscillator I changed my mind and now we in the higher degree wave 4.We will switch from 12h time frame to the daily and can see that wave 4 is already in progress. This wave is going to be ABC shaped and in my opinion reach 0.5 Fibonacci level at 61% or even lower to 60%. Then the final wave 5 will reach 67%. Wait for the update I will tell you when wave 4 is finished.
Best regards,
Ivan Skyrexio
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.