BitcoinLong
Elliott Wave - Wave 3 commencement.
Keeping it brief as the majority of data and information is contained in the graph. I have left old indictors and trend lines on for reference.
It looks as though BTC has commenced wave 3 following the lesser-than-expected pullback to around the $9,400 region.
Wave 3 will only be confirmed once we break the last high shown by the red horizontal. RSI further confirms this position, with potential for a strong bull very promising.
I expect a strong bullish move from BTC here, all the factors are building to a potential sustained bull run, & after wave 5; potentially taking us to a new ATH.
It looks as though BTC has commenced wave 3 following the lesser-than-expected pullback to around the $9,400 region.
Wave 3 will only be confirmed once we break the last high shown by the red horizontal. RSI further confirms this position, with potential for a strong bull very promising.
I expect a strong bullish move from BTC here, all the factors are building to a potential sustained bull run, & after wave 5; potentially taking us to a new ATH.
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