🙏 First of all, sorry for not posting much recently. I’ve been closely following the market, but we’ve been stuck in a range — and as you know, analyzing complex ranges can be tricky. Anyway , let’s Start a New Update
📥 From an Elliott Wave perspective, Bitcoin appears to have completed a 5-wave move from wave B of the main ABC corrective structure. Currently, the price is trading below a key trendline and the Potential Reversal Zone (PRZ). In my view, the probability of a rejection from this level is quite high.
📉 If a rejection occurs, the next major target I’m watching is the 96k level
👉 Totally still it’s better to stay away from the market, most of the alts haven’t even reached their march pivots, so don’t fomo and let’s see what will happen at this crucial 105k resistance
📥 From an Elliott Wave perspective, Bitcoin appears to have completed a 5-wave move from wave B of the main ABC corrective structure. Currently, the price is trading below a key trendline and the Potential Reversal Zone (PRZ). In my view, the probability of a rejection from this level is quite high.
📉 If a rejection occurs, the next major target I’m watching is the 96k level
👉 Totally still it’s better to stay away from the market, most of the alts haven’t even reached their march pivots, so don’t fomo and let’s see what will happen at this crucial 105k resistance
🔥 For More Analysis Join My Telegram Channel : t.me/BullishTraders
🔐If Your Capital Is More Than 20,000$ I Will Directly Trade On Your Account
🟡 For Account Management And VIP Membership Contact :
t.me/BullishTraders_Admin
🔐If Your Capital Is More Than 20,000$ I Will Directly Trade On Your Account
🟡 For Account Management And VIP Membership Contact :
t.me/BullishTraders_Admin
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.
🔥 For More Analysis Join My Telegram Channel : t.me/BullishTraders
🔐If Your Capital Is More Than 20,000$ I Will Directly Trade On Your Account
🟡 For Account Management And VIP Membership Contact :
t.me/BullishTraders_Admin
🔐If Your Capital Is More Than 20,000$ I Will Directly Trade On Your Account
🟡 For Account Management And VIP Membership Contact :
t.me/BullishTraders_Admin
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.