BTC simple analysis: Elliot Wave fifth wave
Elliot Wave has been settled in D1 time frame. Waiting for fifth wave to finish on 300% of E.W. fibonacci.
Note: Trade wise 👍
think cold.
- Fibonacci is between 2 and 4 peak of E.W.
- USD should become strong or BTC become weak, which, I believe it's what's going to happen.
- SL behind 1 peak.
- there's a chance that wednesday finish bearish.
Note: Trade wise 👍
think cold.
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.