If this Elliott Wave Count is correct, BTC is in the last ABCDE wave. Presently in wave B as shown in chart. There will be a 5 way down to C. If 1-to-1 extention taken into consideration, this whole bear trend should end between 4900-4300 range.
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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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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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Trade active
Trade active
Trade active
The counts changed, but we are still in Wave C correction for nowTrade active
Trade active
Trade closed: target reached
The C wave ended early with double ABC correctionsBitcoin will be heading down for E
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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.
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.