Interesting fact: 5 waves formed
Fun facts: 5 waves is formed on BTCEUR pair but not on BTCUSD
on this BTCEUR chart, major point (1) and point (4) is not intersect, which is a valid elliott waves.
However, the case is different on BTCUSDT pair. The point (4) is dipping below point (1) and so it is invalid.
Anyway, BTC seems exhausted at the moment, it failed to break ATH 61800 whereas others cryptocurrency broke its records.
Congratulation for ETH hodlers, the value of ETH will not be limited to 2100USD ONLY.
UPDATE
We're now testing the EMA Ribbon lines again.
Let's be patient and wait for the next few block of candlesticks for a buy/sell confirmation.
on this BTCEUR chart, major point (1) and point (4) is not intersect, which is a valid elliott waves.
However, the case is different on BTCUSDT pair. The point (4) is dipping below point (1) and so it is invalid.
Anyway, BTC seems exhausted at the moment, it failed to break ATH 61800 whereas others cryptocurrency broke its records.
Congratulation for ETH hodlers, the value of ETH will not be limited to 2100USD ONLY.
UPDATE
We're now testing the EMA Ribbon lines again.
Let's be patient and wait for the next few block of candlesticks for a buy/sell confirmation.
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.