Bitcoin
Short
Updated

Btc Corrective Elliot Wave

321
Well... it looks like wave 5 is complete, starting to look and shape like a corrective A wave of the "Corrective Elliot Wave ABC" theory. The trend was broke to the downside, areas of interest on the chart, possible h/s with support around 37k.. who knows.. the market will decide. Expecting continuation nontheless.
Rsi also doesn't look good, at least on the Daily TF.

Not a financial advice.
My ideas alone.

Trade active
Maybe

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.