If this Elliott Wave count is correct, BTC is going down to complete ABCDE
1. As shown on chart, it might take another 3 weeks to reach the bottom.
2. 21 EMA is the resistance for now
3. Volume decreasing as price is gaining
Target 5k MINIMUM !
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Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice.
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1. As shown on chart, it might take another 3 weeks to reach the bottom.
2. 21 EMA is the resistance for now
3. Volume decreasing as price is gaining
Target 5k MINIMUM !
-------------------------------------
Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice.
--------------------------------------
Trade active
Zoomed in to 4hrs chart for clarityTrade active
Waiting for more data to ensure if Wave (b) yellow completed and BTC is heading down to complete (c) / ETrade active
BTC is heading down. But it needs to take a break and retrace before heading down again. Target as indication on chart.Trade active
BTC going downTrade active
BTC is still moving downTrade active
BTC heading lowerTrade active
I'm expecting a break lower from here Trade active
Going down
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.