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Market-Right-Side
Jun 27, 2023 9:03 AM

Bitcoin (BTC) is Turning Up in H4 

Bitcoin / U.S. dollarBitstamp

Description

Technical Analysis:

- BTC is doing wave (3) in blue which is part of wave ((1)) in black
- When wave ((1)) is completed, we expect a ABC correction in wave ((2)) in black around at 32,500
- H1 & H4 right side is turning up


Technical Information:

- We only consider the buy opportunity in wave (4) in blue once it's completed

Comment



- BTC is still following our previous forecasts and analysis
- H1 & H4 right side is up
- As a swing trader, you can only have a buy opportunity once wave (4) in blue is completed

Comment



- BTC is still following our previous forecasts and analysis

Comment



- BTC is still following our previous forecasts and analysis
- H1 right side is turning down
- H4 right side is up

Comment



- BTC is still following our previous forecasts and analysis
- H1 right side is turning down
- H4 right side is up

Comment



- BTC is still following our previous forecasts and analysis
- H1 & H4 right side is turning down

Comment



- BTC is exactly following our previous forecasts and analysis
- H1 & H4 right side is turning down
Comments
sqmhrgxgg6
This looks like my chart. Excellent!
Market-Right-Side
@sqmhrgxgg6, Thanks
AlanSantana
I love this count.
I like the fact that you can identify the end of wave 5 for the previous bull-market and the irregular correction that follows.

Thank you for sharing.
Market-Right-Side
@AlanSantana, Thank you very much but don't forget that it is a technical analysis and forecast based on Elliott wave principles, RSI, Fibonacci, Correlation with markets, Trendline etc. I don't make the Market.
KoDPrey
this can really work. Great TA.
Market-Right-Side
@KoDPrey, thanks a lot
metza24
Yepp! Does not seem like it will go lower:)
Market-Right-Side
@metza24, yes, only after wave ((1)) in black is completed, there will be a correction as I've forecasted.
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