Wolfe waves and the transverse demand zone: Shapes drawn on the chart: The orange region: Strongest Quantumes Area at the present time, which is current transverse area limits The red zone and the green zone: weak trading areas that are not accompanied by quantities The blue circle: the confluence of the fourth wave with the current strongest demand...
This analysis depends on the area of the intersection of 3 indicators: EMA100, Ichimoku cloud, and the leg of the downtrend, and the price is often expected to rebound towards the completion of the decline.
According to Elliott Waves, we made 5 original descending waves on the daily frame, both for Bitcoin and the rest of the coins. The price could take three bullish corrective waves and then complete the original bearish waves, or it could take a sideways wave trajectory and then complete the original bearish waves Or has another opinion about the end...
A positive cup and handle pattern formed for the dollar on the daily interval, and its target is most likely 10.387
The expected path of ascending waves based on Elliott waves for the entire cryptocurrency market, especially BTC
It's time to reach new highs and continue and continue the bull market