#BITCOIN #BTCUSD DAILY CHART ELLIOTT ANALYSIS
Given that the price fell from the 69000 peak in three waves, we are probably currently facing a triangular correction of the price, which can be considered as an X-wave and can be expected to start from the range of 42000 to 44000. Other than that, its targets can be in the range below $ 32,000.
If the price rises above $ 47,200 and stabilizes above it, this wave count will be void.
Given that the price fell from the 69000 peak in three waves, we are probably currently facing a triangular correction of the price, which can be considered as an X-wave and can be expected to start from the range of 42000 to 44000. Other than that, its targets can be in the range below $ 32,000.
If the price rises above $ 47,200 and stabilizes above it, this wave count will be void.
FOLLOW ME ON SOCIAL NETWORK
Telegram: t.me/KhaniTechnical
Instagram: instagram.com/khanitechnical/
Youtube: youtube.com/channel/UCyVqjUaOZX1WjitGHIZaZAw
Twitter: twitter.com/khanitechnical
Telegram: t.me/KhaniTechnical
Instagram: instagram.com/khanitechnical/
Youtube: youtube.com/channel/UCyVqjUaOZX1WjitGHIZaZAw
Twitter: twitter.com/khanitechnical
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.
FOLLOW ME ON SOCIAL NETWORK
Telegram: t.me/KhaniTechnical
Instagram: instagram.com/khanitechnical/
Youtube: youtube.com/channel/UCyVqjUaOZX1WjitGHIZaZAw
Twitter: twitter.com/khanitechnical
Telegram: t.me/KhaniTechnical
Instagram: instagram.com/khanitechnical/
Youtube: youtube.com/channel/UCyVqjUaOZX1WjitGHIZaZAw
Twitter: twitter.com/khanitechnical
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.