Bitcoin / TetherUS PERPETUAL CONTRACT
Short
Updated

BTC - 4h - Elliot wave analysis

2 069
Attention for the entire coin market

during this period when the crypto market is quite sensitive as BTC has reached ~24300.

If the market corrects sharply, BTC can drop 20%, equivalent to altcoins dropping 30-50%.

So if you are holding a Long position. make sure your account is still profitable if this bad case happens.

(This is for reference only)
Note
Update target and wave 5
snapshot
Note
Update wave
(5) can stop at 23000 instead of 20000 (maximum for flat wave)

snapshot
Note
Update wave
(5) can stop at 23000 instead of 20000 (maximum for flat wave)
snapshot
Note
Wave 5: starting!
snapshot
Note
TP: 21500 ✅ (+1900usd)
We can close trade end of wave 3 (c)

snapshot

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.