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DigitalSurfTrading
Jun 6, 2022 12:02 PM

Bitcoin Delivers Hopium as the Ascending Wedge Continues 

Bitcoin / DollarBitfinex

Description

My continued Bitcoin analysis gives me great indication that the Digital King has yet to reach its regional bottom.

$32.7-8 is expected to be a very key range as for resistance.

Based on Elliott Wave Theory and Fibonacci sequencing, 22K-25K are also expected to be key levels of support.

All indications are based on the science of price action! No other indications are used primary however, RSI levels are often considered secondarily.

Comment

micro level invalidation has come however the bigger diagonal push to $32.8 is alive and well imo ---

Comments
arvine11
good effort ;)
oo1UPoo
Where will it bottom!?!
DigitalSurfTrading
@oo1UPoo, based on Fibonacci levels and common levels for Wave 5 (in Elliott Wave Theory), we should expect $22-24K minimally.
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