Hey everyone , i wanted to post a little update about current Btc Elliot wave count and what i am expecting. We already have completed wave 1 to 5 on 4 hr timeframe, and correction has started. Current Elliot count shows the reversal is going to come very soon as we approaching the end of wave C. I am planning to buy b/w $3608-3490 with a stop loss below $3352 . I$3498 is a weekly pivot support which i am expecting to hold.
If we manage to get a bounce here ,then we can expect targets of $4300- 4500.
My Elliot wave count is given in the chart.
This is first ever analysis posted from this account. I hope you will find it useful. If you do please leave a like / follow.
If you have any questions , feel free to post them below.
Happy trading :)