There Is No Reversal Till 44k And Probably 39k Areas
I Expected a Crash From 64k Top And Rejection From 57k At The Previous Updates
At This Update I Wanna Talk About BITCOIN At High Timeframe, So Lets Start
🔎 If You Look At The Chart At High Timeframe There Is a Clear Impulsive Move From 16k Low Since November 2022 Till Now
👉 Wave 1 Completed At 31k
👉 Wave 2 Completed At 25k
👉 Wave 3 Completed At 73k
📥 And Currently We Are At The Wave 4 Process And At This Update I Wanna Talk About This Corrective Wave
📉 Wave 4 Shaped As a Complex Correction And These Types Of Corrections Are Too Boring And They Takes More Time Than Normal Correction To Complete, By Elliot View There Are Two Dynamic Target Areas For This Corrective Move ,44k And 39k
🎯 44k Is a Typical Target That I Expect As a Wave 4 Target But If We Loss This Level 39k Is The Next
🔐 Totally We Are In a Corrective Trend And Till 44k Every Things Is Bearish And When We Touch 44k I Can Say It’s a Final Target Or We Will See 39k
At This Update I Wanna Talk About BITCOIN At High Timeframe, So Lets Start
🔎 If You Look At The Chart At High Timeframe There Is a Clear Impulsive Move From 16k Low Since November 2022 Till Now
👉 Wave 1 Completed At 31k
👉 Wave 2 Completed At 25k
👉 Wave 3 Completed At 73k
📥 And Currently We Are At The Wave 4 Process And At This Update I Wanna Talk About This Corrective Wave
📉 Wave 4 Shaped As a Complex Correction And These Types Of Corrections Are Too Boring And They Takes More Time Than Normal Correction To Complete, By Elliot View There Are Two Dynamic Target Areas For This Corrective Move ,44k And 39k
🎯 44k Is a Typical Target That I Expect As a Wave 4 Target But If We Loss This Level 39k Is The Next
🔐 Totally We Are In a Corrective Trend And Till 44k Every Things Is Bearish And When We Touch 44k I Can Say It’s a Final Target Or We Will See 39k
Note
📉At Low Timeframe The Price Pullback Below The Broken 54800$ Resistance Level, We Could Have a Fake out From 54800$ Level But I Don’t Think About It And I Expect a New Down Rally Toward a 49k And Breakdown It To The 44k As a Main Target
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