BITCOIN 11 Jan Elliott Wave Analysis
Updated
this is 4 hr time frame analysis for short term time period trading (likely intraday )
as we can see Bitcoin is in correction phase . Now we are in zigzag correction ( ABC ) phase ,where its making Web A with 5 sub wave . As you can see in chart currently we are making 4rt subwave of wave A which will go towards 38% of correction of subwaves whic is coming UP move in few session 42400, 43700, 45000 .
Now elliott baba is observing Triangle pattern formation in 4rth wave which has completed ABCD wave and now set to move for E which will be 42400, 43700 station .
Happy trading
as we can see Bitcoin is in correction phase . Now we are in zigzag correction ( ABC ) phase ,where its making Web A with 5 sub wave . As you can see in chart currently we are making 4rt subwave of wave A which will go towards 38% of correction of subwaves whic is coming UP move in few session 42400, 43700, 45000 .
Now elliott baba is observing Triangle pattern formation in 4rth wave which has completed ABCD wave and now set to move for E which will be 42400, 43700 station .
Happy trading
Trade active
tradingview.com/chart/bZQdPBoj/Trade closed: target reached
Elliott BABA
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