TradingView
Tolberti
Jul 8, 2022 1:45 PM

Bitcoin BLX - Elliott wave since 2010 + Trendline still holding! Long

Bitcoin Liquid IndexBrave New Coin

Description

- On the monthly scale there is a holding trendline with 3 touches established in 2015!
- The price is currently sitting on the trendline, so it is still very bullish at this moment.
- If we take a look at the RSI indicator, we are exactly in the buy zone.
- As per my Elliott wave analysis - we are in the massive wave 3 as you can see on the chart.
- Bitcoin is above 20 000 USD and above previous ATH from 2017 - again very bullish .
- We are currently above 50 monthly MA - holding since 2015.
- With my conclusion Bitcoin is a strong buying opportunity at this level.
- Look at my ideas about BTC .D and TOTAL crypto cap in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
Comments
Tolberti
Post your questions, comments and related ideas about Bitcoin here. I look forward to your comments!
More