TradingView
Cross10XSignals
May 6, 2023 5:12 AM

Bitcoin Elliott wave count 6H Short

Bitcoin / United States DollarCoinbase

Description

At this moment this up trend is looking only as a correction ABC (red count) rejected at 1.272 fib extension A vs C.
We may have a continuation with this count if we are turning to the downside with a complex correction (blue count) with X wave being a triangle that is looking very well.
Volume is weak so we may see soon a move to the downside for a Y wave that can also be a 3rd wave so take this in count.
Good luck!
Comments
SwallowPremium
Cheers mate! We like your charts!)
Cross10XSignals
@SwallowPremium thanks for your appreciation
TheNewsCrypto
Agreed
Cross10XSignals
@TheNewsCrypto, thanks for appreciation
More