Eloquent

btc 2-24 update~

Eloquent Updated   
BYBIT:BTCUSDT   BTCUSDT SPOT
morning o/

so the usa markets are looking pretty dumpy, which leads me to believe btc isn't done yet.

btc moved up overnight from my downside target in a 3 wave move; that is considered bearish.

it would need to put in one more leg up in the local impulse to be considered a bullish structure.

no fifth wave up = this is just a sub-wave 4 = btc drops to 33.1k today.

will try another long down there

💸
Comment:
if we continue moving up - refer to my idea from last night

Comment:
looking good so far, backtesting a key weekly moving average up here ~

Comment:
ending diagonal 💰

~might hit the 50

Comment:
looks like i was wrong about this one ~

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