BitcoinLong
Amazing fractal detected! 14 000 $ coming!
This is amazing how accurately the price action is repeating itself over and over again!
Take the bar pattern from the 21st of May and you will notice that the current price impulse started the 21st of July is basically identical!
Based on that we can expect a BTC price consolidation around 11300 $ for the next few days/weeks - after that we will experience a strong impulse to the upside which will take us to 14000 $. This will be the 3rd Elliot Wave.
The 4th Wave will take us back to 12000 $. After a short period of consolidation we will once again explode to the upside creating a 5th Wave that will enable us to retest ATH.
GL&HF ;)
Take the bar pattern from the 21st of May and you will notice that the current price impulse started the 21st of July is basically identical!
Based on that we can expect a BTC price consolidation around 11300 $ for the next few days/weeks - after that we will experience a strong impulse to the upside which will take us to 14000 $. This will be the 3rd Elliot Wave.
The 4th Wave will take us back to 12000 $. After a short period of consolidation we will once again explode to the upside creating a 5th Wave that will enable us to retest ATH.
GL&HF ;)
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.