BTCUSDT Elliott Waves Analysis (All possible options)Hello friends.
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all possible options, which one will realize - idk,
Orange - fell in a simple zigzag, (upon receipt of an upward impulse on correction entry with a stop below the last local minimum)
Blue - double zigzag.
Yellow - the saddest one, if there is an update of the local bottom through a small consolidation, in this case we will have a full-fledged downward impulse on the higher timeframe,
and then after correction to it, we can implement the worst option (published yesterday) with a movement of + -14k
Good luck everyone!
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Btcustidea
BTCUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart. (update)
I switch to this option as the main
I’m waiting for upward movement from the curernt price, or if we break through 38500 then from ~36k, but in any case, I don’t see the prerequisites for a strong drop, I’m still sure that price should go to 50k+
Entry: market and lower
Stop: ~33k
Targets: 45 - 48 - 52k
after first target reached move ur stop to breakeven
Risk/Reward: 1 to 3
Risk is justified.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.