Drawing
An Elliott wave analysis for BTC with nice art :)I did this analysis usin elliott waves. As you can see, we are in the fifth wave, so I'm betting on bears atm.
The last support zone, that I called Hail Mary, is in my opinion where we should bounce if we are going to go bullish ever again in this market. If we go down beyond that, the burn is imminent in hell. That red zone is where bulls are going to have to fight with all they have. For I'm going short until the 5th wave is done.
Gold Hits Support LineLooks like gold just hit the support line and bounced back up, keep watching the price of gold, if it goes over the exponential moving average ( 30 ) , then you could buy the gold, otherwise don't.
How to draw Supply and Demand ZonesHello, traders. I see many people still draw suply and demand uncorrectly. I hope this post will help you. Good luck
