I recently made two possible scenarios for Bitcoin. I switched now to this scenario because i think that the ending diagonal cannot be formed anymore. You can view my recent analysis down below.
In this scenario bitcoin is already in wave 3 which means that this wave can be very motive and expanded.
If you want to enter in this rally, wait for a small pullback and enter with price action.
SL is based on Elliott Wave Rules: Wave 4 cannot overlap with Wave 1.
If you can take advantage of my analysis please leave a like and follow my idea for future updates.
Thanks for reading,
stibo
In this scenario bitcoin is already in wave 3 which means that this wave can be very motive and expanded.
If you want to enter in this rally, wait for a small pullback and enter with price action.
SL is based on Elliott Wave Rules: Wave 4 cannot overlap with Wave 1.
If you can take advantage of my analysis please leave a like and follow my idea for future updates.
Thanks for reading,
stibo
