Bitcoin Completed his Correction or still Correcting?
Hey Everyone!
I am back with another Idea/chart.
This time looking again at Bitcoin.
On chart you can see clear Elliott wawe in uptrend with a ABC correction.
It seems like the wawe is completed although the C could be A its a 50/50.
You can also see 3 Elliott wawes with ABC correction that just confirms the whole Wawe.
The last 5 Wawe is confirmed even with a Head and Shoulders pattern, thanks Bitcoin!
The whole wawe was really bullish which has confirmed the RSI, even MACD has heavily shown you the down trend end.
Okay, so right now BTC has 2 options of correcting in ABC.
1 - We have already corrected looking for an Impulsive wawe to start another Elliott Wawe.
2 - We are still correcting looking for a lower price.
Keep an Eye on RSI, Volume and most importantly on MACD if its gonna cross or not.
My buy would be at 9015.
Hope you liked my Idea, leave a comment down bellow with your opinion, I am responding to all of them!
I will keep you updated!
Thanks, likes are appreciated.
I am back with another Idea/chart.
This time looking again at Bitcoin.
On chart you can see clear Elliott wawe in uptrend with a ABC correction.
It seems like the wawe is completed although the C could be A its a 50/50.
You can also see 3 Elliott wawes with ABC correction that just confirms the whole Wawe.
The last 5 Wawe is confirmed even with a Head and Shoulders pattern, thanks Bitcoin!
The whole wawe was really bullish which has confirmed the RSI, even MACD has heavily shown you the down trend end.
Okay, so right now BTC has 2 options of correcting in ABC.
1 - We have already corrected looking for an Impulsive wawe to start another Elliott Wawe.
2 - We are still correcting looking for a lower price.
Keep an Eye on RSI, Volume and most importantly on MACD if its gonna cross or not.
My buy would be at 9015.
Hope you liked my Idea, leave a comment down bellow with your opinion, I am responding to all of them!
I will keep you updated!
Thanks, likes are appreciated.
Comment:
Exactly at C.
Comment:
also it could be wxyxz triple correction heading to 9k if we wont bounce of 9,5k
Comment:
Yep we have hit z, now we about to hit 10800 sometime soon.