I am following bitcoin´s correction since the 109 top, and there´s a few possibilities.
Either 108 followed by 109k formed a double top, in which case we are still braced for more downfall or...
Bitcoin has finished a flat correction in Wave 4 of Elliot Wave Theory.
Proportions seem to work fine, with a 3 waves A, another 3 waves B, and a 5 waves C which has just hit 1.618%
If the correction continues, since there´s no volume nor support, we are facing
76-77 and then the 65-66k zone.
Let´s hope this is a flat and done!
Either 108 followed by 109k formed a double top, in which case we are still braced for more downfall or...
Bitcoin has finished a flat correction in Wave 4 of Elliot Wave Theory.
Proportions seem to work fine, with a 3 waves A, another 3 waves B, and a 5 waves C which has just hit 1.618%
If the correction continues, since there´s no volume nor support, we are facing
76-77 and then the 65-66k zone.
Let´s hope this is a flat and done!
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.
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.