ViniciusZampiroliCerqueira

Possible first wave of Elliot forming

Long
BITFINEX:BTCUSD   Bitcoin
We can analyze in the RSI graph a drop, indicating that we have reached the peak of the first wave and that the first correction will occur. If you follow a fall of Fibonacci, we can face the new wave of Elliot
Comment:
Everything now suggests that we will reach the resistance line (yellow) before correction.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.