Greetings, everyone.😉

I would like to present a scenario for your consideration, grounded in "Elliott Wave Theory".

[Recent Chart Zoomed In]
istantanea
✔️ Wave initiated from the 15K level: Classified as a "Double Zigzag"
✔️ Current wave in development: Y-c-3
✔️ Projected upward range: 93K ~ 101K


The rationale behind this analysis is as follows:

  1. Zigzag patterns typically move within a parallel channel.
  2. The first zigzag wave, which started from the 15K level, adhered precisely to this parallel channel.
  3. As a result, the likelihood of a complex correction occurring is considerably high.


Based on these observations, I have constructed this particular scenario. It is an illustrative representation of potential market behavior, grounded in established technical principles.

Wishing you all the best of luck🍀

  • This is not a buy or sell recommendation.
  • It is a personal perspective and should be used for reference only.
  • All decisions and responsibilities lie with you.
bitcoinlongbitcoinpriceBTCUSDElliott WaveelliotwaveanalysiselliotwavecountFibonaccifibonaccianalysisParallel ChannelZigzagzigzagpattern

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