Bitcoin short scenario Elliot waves count - 4h chart
Hi guys,
It seems my previous scenario is playing out. If this is the case you will find a potential pathway on the chart drawn based on Elliout waves impulsive 5 wave count.
Bear : follows the path drawn and defeats the support at the 51.000 $ levels in the direction and probably has a final destination at the 37.000 $ levels in the near future.
Bull : we get a nice bounce at the 51.000 $ levels. All week people were asking for a 68.000 $ bitcoin. This would suggest that there are still people interested in buying at these levels.
As always DYOR, this is not financial advice, just potential scenarios.
Trade safely guys !
It seems my previous scenario is playing out. If this is the case you will find a potential pathway on the chart drawn based on Elliout waves impulsive 5 wave count.
Bear : follows the path drawn and defeats the support at the 51.000 $ levels in the direction and probably has a final destination at the 37.000 $ levels in the near future.
Bull : we get a nice bounce at the 51.000 $ levels. All week people were asking for a 68.000 $ bitcoin. This would suggest that there are still people interested in buying at these levels.
As always DYOR, this is not financial advice, just potential scenarios.
Trade safely guys !
