Bitcoin Update: Critical Support & Elliott Wave Levels To Watch
Bitcoin here is the thing...
1. For now drop is not impulsive, so can be correction
2. 4th wave pullbacks will ideally stabilize near 50/38.2%. Just testing the important zone 77k-85k
3. Old high and unfilled gap are crucial to cause a bounce, otherwise the major high is in
4. You don't want to see this fourth wave breaking the lowest base channel line, otherwise top is in.
5. Bullish resumption for wave 5 when/if 93700 overlaps
6. This market wont go up unless risk-on is back
GH
1. For now drop is not impulsive, so can be correction
2. 4th wave pullbacks will ideally stabilize near 50/38.2%. Just testing the important zone 77k-85k
3. Old high and unfilled gap are crucial to cause a bounce, otherwise the major high is in
4. You don't want to see this fourth wave breaking the lowest base channel line, otherwise top is in.
5. Bullish resumption for wave 5 when/if 93700 overlaps
6. This market wont go up unless risk-on is back
GH
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Learn Elliott Waves
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Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.