For me, the possible movements of the trend with the application of Elliott's rules are those of the graph. Bitcoins have not broken the resistance at 7,400k USD, by interpolating Elliot's main wave of impulse (Step 5). So now the price follows the waves (ABC) and now it's on (A). The Elliott wave indicates a possible path and price levels, which corresponds exactly to the Fibo graph plotted on the beginning of the pulse wave. Hence it is desirable that in case of bearish the price will go to 6.3 and 5.8k USD. Probably in the next few days.
#surfthetrend
#surfthetrend
Trade active
Bull Trap... Trade active
Target (B) Reached, Now let's see what happens.Trade active
Wave B: ReachedTrade active
Corrective and ZigZag into (Master Waves section (A-B)Trade active
Bearish Divergences Trade active
H&S
Trade active
Hidden divergence has preannunciament this movement Note
Wave + Correction Triangle, Top Flat, Bottom rising.
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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.