BTC UP UP UP!!! Elliot Wave analysis
Updated
Today we broke major resistance at the 18K level. 'BTC is still going strong! We're heading for the 19.800 ATH soon!
Elliot Wave count:
Primary: 5th
Intermediate: 3rd
Minor: 5th (target 22.000)
Minute: 3rd (target 19.800)
Elliot Wave count:
Primary: 5th
Intermediate: 3rd
Minor: 5th (target 22.000)
Minute: 3rd (target 19.800)
Trade active
Target $19.800 almost reached. Took some profits of the table.On the 30 min timeframe we see a formation that could end up forming a double top pattern. If so we might head for the 4th wave correction (minute degree).
Elliot Wave count:
Primary: 5th
Intermediate: 3rd
Minor: 5th (target $22.000)
Minute: 3rd (target $19.800)
Minute: 4th (target $18.100)
Be prepared and trade smart!
Trade active
BTC bounced off of the 18K level really nice. As expected!Let's see how much time this crazy bull market needs to get to our target of 22K.
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