Mastex

BTC Elliot Wave Correction

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
148 views
4
Hello Traders,

I mentioned about the triangle that I had given before about the BTC . Unfortunately, we could not raise the top trend line in the chart. We mentioned that in the market of cryptographic money, which is a rolling market, everything can be at any moment. So if we broke the sub support line, we added $ 9,400 in revenue. I'm adding that chart below for your review.


In our newly plotted chart, we are experiencing ABC wave corrections, which are the corrections after the first 5 waves of the Elliot wave count. We have indicated in our graph that the last wave correction C wave is at the level of $ 8,700. However, if our red resistance line which we have indicated is broken, this idea is canceled. For now, let's follow the BTC movements to catch up with new trading signals.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out