Ali_raouf

BTC Elliott Targets

BITSTAMP:BTCUSD   Bitcoin
BTC nicely reacted to the lower level of the channel with was equal to the static support of 53k. This was also the target of the downtrend Elliott wave which I mentioned to in previous post.
Now keep an eye on the decision zone of 60K, if conquered validly, the next Elliott waves targets would be 74K and 96k, but if rejected from 60k, then 45k~48k would be accessible easily, and would be the best dip to buy everything.
So keep an eye on the decision zone of 60k.

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