Bitcoin Elliott Impulse And Correction Waves
If we have completed the present Elliott Correction Wave, then we're off to our next wave, the Elliott Impulse Wave.
Target: $20,500
Remember to always place your stops at the appropriate levels whenever you put in a trade.
Happy trading everyone!
Ron
The daily chart is looking very bullish.
Check out my mid term out look for BTC with the Trend-Based Fib Extension Tool laid out.
If we have completed the present Elliott Correction Wave, then we're off to our next wave, the Elliott Impulse Wave.
Target: $20,500
Remember to always place your stops at the appropriate levels whenever you put in a trade.
Happy trading everyone!
Ron
The daily chart is looking very bullish.
Check out my mid term out look for BTC with the Trend-Based Fib Extension Tool laid out.
Note
Note
Here's the zoomed in chart for a clearer view:
Note
The 61.8% Fibonacci Level is still holding up. Will the Bulls take over the control of the market in August? It's more than likely!Note
The 61.8% Fibonacci Level has been re-tested. Time for a bounce and a bull run!!!!
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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.
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.