BTC final wave!
Hello, guys
Bitcoin made it very hard to decide for us where to put wave 3 and wave 4. Today, I show you the correct and most obvious Elliot waves that is possible. As you can see, now is a good opportunity to buy bitcoin as we bounced of the 0.618 retracement level. This retracement is very logical as we saw a 0.383 retracement in wave 2. I believe that we can see a 13k target for wave 5 which is the 1.618 fibb extension since we saw a good 1:1 rally of wave 3.
Bitcoin made it very hard to decide for us where to put wave 3 and wave 4. Today, I show you the correct and most obvious Elliot waves that is possible. As you can see, now is a good opportunity to buy bitcoin as we bounced of the 0.618 retracement level. This retracement is very logical as we saw a 0.383 retracement in wave 2. I believe that we can see a 13k target for wave 5 which is the 1.618 fibb extension since we saw a good 1:1 rally of wave 3.
Note
layout changes + tekst notes. I hope the chart is now clear for everyone.Note
Perfect! 20% return so far! target is 13k!https://ttps://www.tradingview.com/x/HUBKaJXb/
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Related publications
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.