Elliott Wave BTC/USD LONG INCOMING
Hello traders,
We can see today on BTC/USD the potential end of a wave X of a WXYXZ. My objectives and possible entries for a long are the following:
-36400 ---> The 85% of retracement of the wave Y and the 76.4% of extension of the yellow C
-34314 ---> The 100% of retracement of the wave Y and the 100% of extension of the yellow C
We could already be in the wave Z which would mean that wave X has reached its objectives. However, there is still the 100% retracement target of the wave X that can be reached.
If we exceed these targets the WXYXZ will be invalidated as the wave X cannot be beyond the 100% of retracement of the wave Y.
Feel free to comment if you have any questions
We can see today on BTC/USD the potential end of a wave X of a WXYXZ. My objectives and possible entries for a long are the following:
-36400 ---> The 85% of retracement of the wave Y and the 76.4% of extension of the yellow C
-34314 ---> The 100% of retracement of the wave Y and the 100% of extension of the yellow C
We could already be in the wave Z which would mean that wave X has reached its objectives. However, there is still the 100% retracement target of the wave X that can be reached.
If we exceed these targets the WXYXZ will be invalidated as the wave X cannot be beyond the 100% of retracement of the wave Y.
Feel free to comment if you have any questions
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