BitcoinShort
ONE MORE WEEK FOR THE LAST WAVE DOWN BITCOIN!
Hello Guys, here is my simple analysis about bitcoin..
Bitcoin still on an A B C correction, if you see on weekly chart, we will got clear perspective for this massive correction.
As you can see on weekly chart, for this week bitcoin still on 4 of C wave, it means that bitcoin needs to finish the last 5 of C wave on the coming week.
Based on elliot waves rules, wave 3 is often the longest but never the shortest, then I can assume that the 5 of C wave will shorter than the wave 3 of C.
So, prepare yourself with the upcoming last wave down.
Safe trade and good luck!
Bitcoin still on an A B C correction, if you see on weekly chart, we will got clear perspective for this massive correction.
As you can see on weekly chart, for this week bitcoin still on 4 of C wave, it means that bitcoin needs to finish the last 5 of C wave on the coming week.
Based on elliot waves rules, wave 3 is often the longest but never the shortest, then I can assume that the 5 of C wave will shorter than the wave 3 of C.
So, prepare yourself with the upcoming last wave down.
Safe trade and good luck!
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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.
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.