Everyone Contemplating the Monthly Candle. Check the 3-Week TF!
Bitcoin closed the previous 3-weekly candle in a bearish manner due to a strong Fibonacci resistance and algo shorts.
Everyone on the social networks has been focused on the monthly candle but the 3-weekly candle was already giving a clean piece of information.
I am expecting a full retrace of the 2023 upward structure (Elliott Wave impulse).
Please like and share if you appreciate this market update.
We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We also answer all your questions regarding the Elliott Wave Principle!
Cryptos are updated every day of the week and on Saturday, if necessary.
Traditional assets are updated every day of the week.
Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red.
Everyone on the social networks has been focused on the monthly candle but the 3-weekly candle was already giving a clean piece of information.
I am expecting a full retrace of the 2023 upward structure (Elliott Wave impulse).
Please like and share if you appreciate this market update.
We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We also answer all your questions regarding the Elliott Wave Principle!
Cryptos are updated every day of the week and on Saturday, if necessary.
Traditional assets are updated every day of the week.
Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red.