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DAILY ELLIOT WAVE UPDATE
Bitcoin
DAILY ELLIOT WAVE UPDATE
By coolsake
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Updated
Dec 8, 2020
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Dec 2, 2020
This could be extended to weekly Elliot wave.
I got busy recently.
I will update weekly Elliot wave later.
Every target and support lines is Fibonacci level based on Elliot wave theory.
Check my previous Elliot wave chart analysis if you want to see actual level.
1HR chart already hit the 5th wave target but I will watch 4HR chart too.
ABC correction might be going on already.
Be aware of that.
Target for Daily Elliot wave will touch Weekly trend line.
Check my Weekly trend analysis if you want to see actual line.
I will try to publish more ideas when I get my work done.
Dec 6, 2020
Note
$18200-$18250 could be the C wave. Bears are weak to make deep ABC correction.
Dec 8, 2020
Note
Bulls are too strong. $18900 C correction wave is finished. From now on BTC is going up to 3rd wave.
BTCUSD
Trend Analysis
Wave Analysis
coolsake
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