mehdi-rad

mehdi-rad

This decline could be because of a rare event or a recession or a combination of both. DYOR

mehdi-rad

Notice that: 1) The timing was not considered. 2) The elliott wave analysis of the whole chart has not yet finished and it needs more consideration. Actually, it's very time-consuming. 3) There could be other scenarios; I am thinking about them as well. I might publish some of them. 4) I might change my opinion about wave C to be a WXY correction instead of a...

mehdi-rad

INDEX:BTCUSD #BITCOIN broke the uptrend line (green line) in the late June 2021 and these days it's pullbacking to it. A divergence (blue line) can be seen in the last days move which could lead to a divergence chain; so, a possible path for Bitcoin could be a sideways trend together with a divergence chain, like the one happened from late Feb to early May 2021;...