Bitcoin - Update - Get ready to buy or MISS OUT !!!
As expected price is coming down here
We're having a 3 waves correction here, with wave (b) playing out as a triangle, which means we are seeing the last move lower !
Will be looking for support at 8500 then 8000 but we could see a small drop below 8000 to around 7900 / 7807 just to frustrate bulls which would be the ideal point of entry for me.
As long as we remain above 7300, bullish bias remains intact.
If we go below invalidation level, we might need to consider the bigger correction as a potential triple combination. (I will make another update in that case)
Previous post :
We're having a 3 waves correction here, with wave (b) playing out as a triangle, which means we are seeing the last move lower !
Will be looking for support at 8500 then 8000 but we could see a small drop below 8000 to around 7900 / 7807 just to frustrate bulls which would be the ideal point of entry for me.
As long as we remain above 7300, bullish bias remains intact.
If we go below invalidation level, we might need to consider the bigger correction as a potential triple combination. (I will make another update in that case)
Previous post :
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Related Ideas
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
The Elliott Wave Theory is Deadly sometimes. It has helped me nail every turn in crypto markets, from the top at 20K to the Bottom at 3.5K. (just check my previous posts)
If you also want to learn more about it and want to follow my analysis, think about checking out my FREE telegram channel t.me/em16public
I make updates everyday there !
Think also about joining my paid group if you want to know my exact entries and exits points along with my help to learn and improve and take Elliott Wave Skills.
For more informations or if you just have a question, you can contact me through Telegram @ewbelgium or just leave a comment here ;)
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------