TradingView
behzadjl
Jan 11, 2022 12:05 AM

BTC Correction Cycle end Soon!!! Long

Bitcoin / TetherKuCoin

Description

According to Frost and Prechter Elliot waves, both progressive and correction waves are seems end already and BTC wondering begin a new cycle or not!
there is a possibility that BTC's new Progressive wave start soon.
by Observing ATR(Average True Range), the pattern is similar to what we have on 29th Sep 2021.
Price is exactly on a strong resistance point and with Inflation data which be released on Wednesday, Markets would get out of spider's web.
SUM UP:
I'm still very bullish at this moment and even we face another correction however we walked most of the road to the correction.
More