Bitcoin Elliott Wave Analysis
Notice that:
1) The timing was not considered.
2) The elliott wave analysis of the whole chart has not yet finished and it needs more consideration. Actually, it's very time-consuming.
3) There could be other scenarios; I am thinking about them as well. I might publish some of them.
4) I might change my opinion about wave C to be a WXY correction instead of a 5-wave impulse (needs more thinking and other parts of the chart to be completed).
5) Targets of wave 4 should be indicated after wave 3 ends. What I showed in the chart regarding the targets of wave 4 is just a big picture and can be changed.
6) Targets of wave 5? No Idea now; however, 15400 would be a rather good estimation.
7) I have still no idea for the microwaves of wave c of B.
8) IMPORTANT: This chart, analysis, and text are not financial advice.
1) The timing was not considered.
2) The elliott wave analysis of the whole chart has not yet finished and it needs more consideration. Actually, it's very time-consuming.
3) There could be other scenarios; I am thinking about them as well. I might publish some of them.
4) I might change my opinion about wave C to be a WXY correction instead of a 5-wave impulse (needs more thinking and other parts of the chart to be completed).
5) Targets of wave 4 should be indicated after wave 3 ends. What I showed in the chart regarding the targets of wave 4 is just a big picture and can be changed.
6) Targets of wave 5? No Idea now; however, 15400 would be a rather good estimation.
7) I have still no idea for the microwaves of wave c of B.
8) IMPORTANT: This chart, analysis, and text are not financial advice.
Umnfortunately, I don't have much time to post in tradingview but I am very active in my Telegram Channel. You can join and follow my channel via this link:
t.me/cryptoMarket_rad
Instagram:
instagram.com/mehdi_rad_ew
t.me/cryptoMarket_rad
Instagram:
instagram.com/mehdi_rad_ew
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.