BTC-Correction wave
As I told in my previous analysis about BTC chart.
We had Elliot wave in weekly chart very clearly and perfect with positive divergence in MACD oscillator.
Now we go straight into correction wave which is ABC.
I think zigzag pattern could be formed in BTC chart. Because bullish trend was sharp and bearish trend behave same as bullish trend.
Strong support: 30k up to 35k.
At the ends: Remember, no investment is forever.
Good luck with your trade ✌️
We had Elliot wave in weekly chart very clearly and perfect with positive divergence in MACD oscillator.
Now we go straight into correction wave which is ABC.
I think zigzag pattern could be formed in BTC chart. Because bullish trend was sharp and bearish trend behave same as bullish trend.
Strong support: 30k up to 35k.
At the ends: Remember, no investment is forever.
Good luck with your trade ✌️
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.