BTC the way to 50k and the Corrections🚀🌙
Updated
Hi every one
Bitcoin / U.S. Dollar
BTC is in an ascending channel and we can see Two Rising wedge pattern in this channel as well! one has already done it's job and the second one is also seems to be working and is trying to Decrease the Price. there is also a matter of Elliot waves as well as you can see the price is in the 4th wave of Impulse waves which is also a Correction wave. the second rising wedge and 4th Elliot wave seem to be working together to Decrease the price to the support which sits at 43500. after the correction ends the price can finally reach 50k after quite sometime! there is also a Hidden Bullish Divergence on Both MACD and RSI Indicators which seems to Help the Bullish Trend soon!
summery:
-BTC is an ascending channel
-The price is in a Correction wave
-Rising wedge and 4th wave will try to Decrease the price.
-(+HD) will help the bullish Trend to Reach 50K!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Bitcoin / U.S. Dollar
BTC is in an ascending channel and we can see Two Rising wedge pattern in this channel as well! one has already done it's job and the second one is also seems to be working and is trying to Decrease the Price. there is also a matter of Elliot waves as well as you can see the price is in the 4th wave of Impulse waves which is also a Correction wave. the second rising wedge and 4th Elliot wave seem to be working together to Decrease the price to the support which sits at 43500. after the correction ends the price can finally reach 50k after quite sometime! there is also a Hidden Bullish Divergence on Both MACD and RSI Indicators which seems to Help the Bullish Trend soon!
summery:
-BTC is an ascending channel
-The price is in a Correction wave
-Rising wedge and 4th wave will try to Decrease the price.
-(+HD) will help the bullish Trend to Reach 50K!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Note
time frame 18H
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t.me/CobraVanguard
📥┃Premium trading experience with COINCALL
coincall.com/r/47022631
📥┃Join the platform where I trade and receive up to a $500 welcome reward! coinex.com/register?refer_code=n8fmk
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