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Bitcoin BTC - Ready for another pump! Wedge + Elliott Wave
Bitcoin / TetherUS
Long
Bitcoin BTC - Ready for another pump! Wedge + Elliott Wave
By UnknownUnicorn2537518
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Jul 24, 2022
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Jul 24, 2022
This is my quick update on Bitcoin on the 4h chart (local price action).
Price is still holding the major support zone (21 700 USDT - 22 000 USDT) and that's why my bias is still very bullish!
We have an incomplete rising wedge, so there is a great chance for another wave to the upside.
As per my Elliott wave analysis - we are basically in the middle of this "huge" Impulse wave!
There are a lot of Elliott waves combinations, but i think this is most probable scenario.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
My second alternative Elliott wave count. We have a leading first wave diagonal here.
Ascending Channel
BTCUSD
BTCUSDT
Bullish Flag
Bullish Trend Line
Elliott Wave
FLAT
Rising Wedge
Support and Resistance
Symmetrical Triangle
Volume
Zigzag
UnknownUnicorn2537518
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