Cross10XSignals

BTC Elliott Wave count 1H TF

Short
COINBASE:BTCUSD   Bitcoin
Watch this triangle pattern formed on Bictoin chart that may be a B wave from a zigzag ABC, that probably is wave B(blue count) from a flat correction.
Trade short on BD(from triangle) break support line.
As targets I dont think it wil break the previous bottom and we may have a short C wave here 15300-15600 marked green zone and than probably will turn up.
Invalidation if price break CE(from triangle) resistance line.
Merry Christmas! and good luck!

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.