Bitcoin - The end of the correction with an ABC Elliot's pattern
Based on Elliot/Fibonacci waves my projection tell us Bitcoin will reach the support zone around 7800, where the B wave ends, retesting the logarithm downtrend line.
Daily stochastic RSI also shows overbought, giving room for a correction before a bullish scenario.
Afterwards, a C wave will start the new Bitcoin bullrun.
******************* This is just for educational purpose. Does not use it as an advice to buy or sell************************
Daily stochastic RSI also shows overbought, giving room for a correction before a bullish scenario.
Afterwards, a C wave will start the new Bitcoin bullrun.
******************* This is just for educational purpose. Does not use it as an advice to buy or sell************************
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.