Leonardo da Vinci says “Simplicity is the ultimate sophistication". I think the wave movements here are pretty clear. First short then long.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
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clear moves
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still expecting 23.862$
Note
now at major support, daily closing levels are important.
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Nice reaction as we expected from the support, i think the fifth rising elliot wave will continue
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Major resistance 29.200$ Daily close above this level are important for the continuation of the rise.
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Yesterday's closing was good. I think the rise will continue, but maybe Bitcoin may want to see 28600 levels and gather strength.
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Thinking to close long position at 32.500$
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Some indicators and the price are heading in opposite directions. That's negative, closing long position.
Note
Recent recession may bring 36,000$ attempts again.
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