COINBASE:BTCUSD A buying strategy using the Elliott wave and harmonic pattern.
In the harmonic pattern, an inversion region is formed around $53,000. The B breakout has not occurred yet, but is expected to be reached in the future.
In the end, a complete trend reversal is judged when it crosses the strongest resistance of 42.6k.
Please note that this idea is just one of the scenarios we've come up with, and your perspective can change at any time depending on the structure.
Looking at the chart structure alone, I think the 38k area is highly likely to be a low for the time being.
Weekly & Monthly Chart on it.
It appears to be converging, but I think direction is coming soon. and im still Looking upwards.