BTC/USD just retraced to 0.786 Fib. level (~ $ 6,350).
Strong Support from MA 500 days (~ $ 6,550).
RSI reaching oversold territory, and Stoch RSI shown bear momentum very weak.
If the Elliot Wave count correct. Primary Wave 2 shall be ended, and bounce back will expected very soon.
This count only valid if BTC/USD stay above $ 6,350.
Strong Support from MA 500 days (~ $ 6,550).
RSI reaching oversold territory, and Stoch RSI shown bear momentum very weak.
If the Elliot Wave count correct. Primary Wave 2 shall be ended, and bounce back will expected very soon.
This count only valid if BTC/USD stay above $ 6,350.
Comment:
This count still valid.
